Wachovia the Drug Dealing Bank (Now Owned by Wells Fargo)

"Criminal proceedings were brought against Wachovia, though not against any individual, but the case never came to court. In March 2010, Wachovia settled the biggest action brought under the US bank secrecy act, through the US district court in Miami. Now that the year's "deferred prosecution" has expired, the bank is in effect in the clear. It paid federal authorities $110m in forfeiture, for allowing transactions later proved to be connected to drug smuggling, and incurred a $50m fine for failing to monitor cash used to ship 22 tons of cocaine."
So Wachovia paid less than the interest they earned on the drug money they illegally held and no one went to jail. Wow America, your government is CORRUPT. What is the difference between US government officials and murderous Drug gangs? Uhhh...
Via: Reddit.com/
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