Tagged: Danske Bank

Danske Bank Pleads Guilty and Pays $2 Billion to Resolve Massive Fraud Case

Danske Bank, the largest bank in Denmark, agreed to plead guilty to fraud and paid $2 billion to settle long-standing anti-money laundering and fraud violations stemming from its banking operations in Estonia.  Danske Bank plead guilty to one count of bank fraud conspiracy. The notorious Danske Bank case in Estonia has been the subject of regulators in Denmark, the European Union and non-governmental watchdogs because...