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Rabobank pleads guilty, agrees to pay $360 mln over processing illicit funds

Feb 7 (Reuters) - Dutch cooperative bank Rabobank on Wednesday agreed to forfeit over $360 million and pleaded guilty to conspiracy to defraud the United States over processing illicit funds in violation of Bank Secrecy Act and anti-money laundering regulations, according to the U.S. Department of Justice. (Reporting by Karen Freifeld, editing by G Crosse)