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Trustee Program’s

NY 2013 Community Banks / Credit Unions
DOJ Fraud
Penalty
$1.5 million

Outcome

U.S. Trustee Program’s Settlement With Law Firm Includes Monetary Remedies, Independent Review

Details

Trustee Program’s — DOJ Enforcement (2013)

DOJ took enforcement action against Trustee Program’s in NY in 2013 involving fraud violations in the Community Banks / Credit Unions sector.

Penalty: $1.5 million

Violation types: Fraud
Entity type: Financial Institution
Penalty type: Settlement
Location: NY

Source: DOJ Press Release — U.S. Trustee Program’s Settlement With Law Firm Includes Monetary Remedies, Independent Review

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 — U.S. Trustee Program’s Settlement With Law Firm Includes Monetary Remedies, Independent Review

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