article_snippet: (BPA), several of whom have been arrested in the past few days.
article_snippet: The Treasury Department has alleged that "high-level managers [at (BPA) accepted payments and other benefits from "high-level managers [at BPA] accepted payments and other benefits from their criminal clients criminal clients.
article_snippet: Prats had driven BPA's expansion into Spain, through BPA acquisition of Banco Madrid, in 2011.
article_snippet: The director of the U.S. Treasury's Financial Crimes Enforcement Network, Jennifer Shasky Calvery, said that "BPA's corrupt high-level managers and weak antimoney laundering controls have made BPA an easy vehicle for third-party money launderers to funnel proceeds of organized crime, corruption and human trafficking through the U.S. financial system.
article_snippet: BPA has correspondent accounts with four banks -- HSBC, Citigroup, Bank of America and Deutsche Bank -- through which hundreds of millions of dollars passed.
article_snippet: Senior managers at BPA tailored services to Senior managers at BPA tailored services to their clients to disguise the origin of funds clients to disguise the origin of funds, the U.S. Treasury's said.
article_snippet: BPA is also alleged to have helped Venezuelan money launderers siphon funds from the state-owned oil company, Petroleos de Venezuela.
article_snippet: BPA processed about $2 billion in transactions by shell companies related to the scheme.