Bank of America agreed to pay the District $13 million to settle a lawsuit over the bank's role in a fraudulent tax refund scheme that took place while the institution served as the District's depository bank. For more info visit https://web.archive.org/web/20161123082459/http://oag.dc.gov/release/bank-america-agrees-pay-district-13-million-settle-lawsuit-over-bank%E2%80%99s-role-embezzlement