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Manhattan Attorney Announces $102 Million

NY 2013 Community Banks / Credit Unions
DOJ Fraud
Penalty
$329 million

Outcome

Manhattan U.S. Attorney Announces $102 Million Settlement Of Civil Forfeiture And Money Laundering Claims Against Lebanese Canadian Bank

Details

Manhattan Attorney Announces $102 Million — DOJ Enforcement (2013)

Outcome: Manhattan U.S. Attorney Announces $102 Million Settlement Of Civil Forfeiture And Money Laundering Claims Against Lebanese Canadian Bank

How Crucible Prevents This

Crucible's compliance monitoring for Community Banks / Credit Unions would have detected the patterns underlying this enforcement action.

Source: DOJ Press Release — Manhattan U.S. Attorney Announces $102 Million Settlement Of Civil Forfeiture And Money Laundering Claims Against Lebanese Canadian Bank

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