https://www.propublica.org/article/trump-inc-podcast-money-laundering-and-the-trump-taj-mahal

The casino’s money laundering controls were so lacking, regulators found, it amounted to “willful” violations of the law.

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Just months before Donald Trump announced his bid for president in 2015, federal regulators announced they were slapping one of his longtime Atlantic City casinos with a record-setting $10 million fine for lack of controls around money laundering.

The problems went back years. The penalty was actually the second record-setting fine for the Trump Taj Mahal involving money-laundering oversight.

What exactly did the Taj fail to do? Casino officials admitted to “willful and repeated” violations of the Bank Secrecy Act: As federal authorities put it in a settlement:

Trump Taj Mahal admitted that it failed to implement and maintain an effective AML [anti-money laundering] program; failed to report suspicious transactions; failed to properly file required currency transaction reports; and failed to keep appropriate records as required.

 In this episode of “Trump, Inc.,” our podcast with WNYC, we dig into the now-bankrupt and shuttered Trump Taj Mahal, once one of the biggest and glitziest casinos in the world. It’s a story of chaotic operations, massive debt, and a tendency to treat rules as more like suggestions. Ring a bell?