Why Westpac has been fined $1.3 billion, and how banks are facilitating international crime
Westpac is to pay $1.3 billion, by far Australia’s biggest-ever corporate fine, for breaches of the anti-money laundering act.
On October 2 2013, after months of extensive joint federal investigations, the FBI arrested Ross William Ulbricht (aka “Dread Pirate Rober…
