TD Bank moves to seize home of Russian-Canadian jailed for smuggling tech to Kremlin
globalnews.caTD Bank’s internal controls was focusing on how Chinese crime groups and drug traffickers used TD to launder money from its U.S. fentanyl sales.
That probe was launched after FBI agents allegedly uncovered a New York and New Jersey operation that laundered hundreds of millions of dollars from illicit narcotics through several TD branches and other banks, with traffickers greasing bankers with at least $57,000 in gift cards, The Journal reported.TD Bank corporate spokesperson Elizabeth Goldenshtein declined to discuss specifics of Goltsev’s case in New York or the bank’s foreclosure action on his Quebec home.“While we would not comment on any customer details due to our confidentiality policy, I can confirm that this case is not related to our ongoing AML matters in the U.S,” Goldenshtein stated.On July 11, Goltsev entered a guilty plea after reaching a deal with prosecutors with the U.S. attorney for the Eastern District of New York.
Investigators seized TD Bank records south of the border, court records show.Prosecutors sealed those, so it is difficult to know how much money sloshed through the TD account.Goltsev’s plea agreement shows he agreed to forfeit and pay U.S. $4 million and surrender assets worth another U.S.
$1.68 million seized by FBI and Homeland Security investigators.He also agreed not to appeal any sentence he may get that is 46 months in jail or less, a copy of the plea deal shows. Goltsev also agreed to be deported from the United States, possibly to be returned to Canada or Russia, a copy of the plea agreement shows.On July 17, TD Bank filed its notice of intent to foreclose on the businessman’s Ste-Anne-de-Bellevue, Que., home.
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