Tagged: obstruction of OCC

Rabobank Coughs Up $368 Million and Pleads Guilty to Conspiracy to Money Launder and Obstruct Investigation

The Justice Department announced a guilty plea by a subsidiary of Rabobank, a Dutch global bank, to a conspiracy to violate money laundering laws and obstruct a regulatory investigation of Rabobank’s activities in California.  (Copy of Plea Agreement Here).  Rabobank agreed to pay $368 million in forfeited funds.  Rabobank’s settlement follows the deferred prosecution agreement with George Martin, a Rabobank manager in Southern California, who...