Feb. 8 (UPI) -- Netherlands-based Rabobank pleaded guilty to charges involving the obstruction of a probe into its anti-money-laundering program in California and Mexico and will pay a fine of $369 million, federal prosecutors announced Wednesday.
The U.S. Attorney's Office of the Southern District of California said Rabobank officials conspired with several former executives to "defraud the United States by unlawfully impeding an examination of its operations throughout California" and locations in Mexico.