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OPINION: It’s not the system, it’s the people – TD Bank scandal through a different lens

A branch of the Canadian based TD bank, on the morning they plead guilty to money laundering, the largest bank in United States history to do so, on October 11, 2024, in the borough of Brooklyn, New York City, New York.
Photo: Andrew Lichtenstein/Corbis via Getty Images

Robert Mazur | KYC Solutions

8 min read
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Stop blaming inferior AML software and arrest the individual responsible for the crime, says former federal agent Robert Mazur.

TD Bank and its employees had no idea their crimes would be revealed in May of 2021 when Special Agents of the IRS and DEA arrested Da Ying Sze (AKA David). Six years before his arrest, David had began laundering mountains of cash generated from the sale of drugs, including

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