• Home
    • Articles
    • U.S. applies to forfeit funds seized from 754 accounts ‘set up for Chinese nationals by corrupt BoA employees’

    U.S. applies to forfeit funds seized from 754 accounts ‘set up for Chinese nationals by corrupt BoA employees’

    USA v. Bank of America Fund

    The USA has filed a forfeiture complaint in California against seized funds in 754 accounts at Bank of America that were allegedly set up for non-resident aliens, mostly citizens of China, by corrupt bank employees who took bribes to circumvent anti-money laundering laws.