Manulife admits it was the bank fined $1.2 million by Canada’s money-laundering watchdog

Bank’s name was kept secret by money laundering and terrorism financing watchdog. Fintrac, for almost a year after the fine for Manulife’s breach of money –laundering law was announced.

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DO YOU TRUST YOUR BANK?

  • Record breaking profits
  • Hundreds-of-millions in fines and penalties…all at your expense and suffering

After 10 months of Media Scrutiny of FINTRAC and MANULIFE BANK OF CANADA, they finally admitted that MANULIFE BANK was fined for MONEY LAUNDERING activities.

Once again, as in the past, another Canadian bank gets a “slap on the worst” for major financial crimes and the public just ignores it.

  1. No negative internet-coverage
  2. No impact on their business

Consider this…if this had happened to a small business, or an individual, even on a much smaller scale, the life-long impact due to internet coverage could be devastating.

I HAVE PERSONALLY BEEN THE VICTIM OF THIS DOUBLE STANDARD IN CANADA.

It must stop!!!

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