by Jack Davis, The Gateway Pundit:

One of America’s major banks has been hit with a massive fine after federal investigators said it was lax in its efforts to monitor money laundering.

TD Bank will pay $1.89 billion to the Department of Justice, $123.5 million to the Federal Reserve Board, and $450 million to the Office of the Comptroller of the Currency, according to the consent order between the federal government and the bank.

The bank must also pay $757 million to the Department of the Treasury’s Financial Crimes Enforcement, referred to in the consent order as FinCEN.