Manhattan Attorney And New York State Attorney General Announce $714 Million Proposed

NY 2015 Community Banks / Credit Unions

DOJ Fraud

Penalty

$714 million

Outcome

Manhattan U.S. Attorney And New York State Attorney General Announce $714 Million Proposed Settlement With The Bank Of New York Mellon Over Fraudulent Foreign Exchange Trading Practices

Details

Manhattan Attorney And New York State Attorney General Announce $714 Million Proposed — DOJ Enforcement (2015)

Outcome: Manhattan U.S. Attorney And New York State Attorney General Announce $714 Million Proposed Settlement With The Bank Of New York Mellon Over Fraudulent Foreign Exchange Trading Practices

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 And New York State Attorney General Announce $714 Million Proposed Settlement With The Bank Of New York Mellon Over Fraudulent

Don't let this happen to your organization. See how Crucible works.

See How Crucible Works