Bloomberg reported Manhattan U.S. Attorney Preet Bharara said an agreement requiring JPMorgan Chase to pay $2.6 billion to resolve criminal /civil allegations that it failed to stop Bernard Madoff’s Ponzi scheme isn’t “the last big” money-laundering case his office will bring.

According to Bloomberg , Bharara said in a speech to the Association of Certified Anti-Money Laundering Specialists that his office prosecuted JPMorgan because the bank and its predecessors “ignored red flags” for years and allowed suspicious transactions to occur in Madoff’s account.

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