A Brown Brothers Harriman employee "appears" to have helped a convicted Brazilian financier and his sister avoid anti-money laundering controls on accounts worth hundreds of millions of dollars, according to a federal investigator.
A former Bank of America manager has been sentenced to 78 months in prison for laundering the profits of a $48 million property tax scam in the District of Columbia.
Federal prosecutors say at least seven individuals, including two ex-municipal tax officials and a former Bank of America employee, helped steal more than $20 million from the Washington, D.C., government over several years by cashing fake property tax refunds and laundering the proceeds.
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