A former commercial banker at TD Bank has pleaded guilty to taking bribes and using his position to help bankroll medical bills.
US Department of Justice he says that from June to November 2023, Leonardo Ayala received more than $6,000 in bribes to open fraudulent accounts, issue more than 150 debit cards to shell companies and open cards that the bank blocked due to suspicious activity.
His associates used bank accounts and bank cards to make more than 12,000 ATM withdrawals in Colombia, resulting in approximately $5.5 million from the US.
A 26-year-old man from Homestead, Florida was sentenced on June 10 after pleading guilty to accepting bribes as a bank employee and helping to sell financial instruments in January.
He will serve two years in prison and three years on parole for his crimes.
Last month, a New York-based TD Bank NA employee also pleaded guilty to conspiracy to commit financial fraud and make false bank statements.
Cheungkin Lam, also known as Kelvin Lam, acceptance at least $155,000 in bribes to identify bank accounts with large amounts of money and steal confidential customer data. His associates used the information to steal customer accounts, resulting in millions in losses.
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