FinCEN fines Trump Taj Mahal $10 million for AML violations

The Financial Crimes Enforcement Network imposed a $10 million civil penalty on Trump Taj Mahal in Atlantic City for "significant and long-standing" violations of the Bank Secrecy Act, including failing to file thousands of required suspicious activity reports and currency transaction reports. The consent order said the casino "admitted that it willfully violated" anti-money-laundering rules, and required it to hire an independent auditor.

"Trump Taj Mahal admitted that it willfully violated the Bank Secrecy Act by failing to implement and maintain an effective anti-money laundering program." — FinCEN consent order announcing the penalty, March 6, 2015