Auto Dealership
DOJ
Conspiracy
Penalty
$2 million
Outcome
Auto Dealership Agrees to Pay Penalty of $1.4 Million and Restitution of More than $730K in Bank Loan Fraud Scheme
Details
Auto Dealership — DOJ Enforcement (2018)
DOJ took enforcement action against Auto Dealership in PA in 2018 involving conspiracy violations in the Community Banks / Credit Unions sector.
Penalty: $2 million
Violation types: Conspiracy
Entity type: Financial Institution
Penalty type: Criminal
Location: PA
Source: DOJ Press Release — Auto Dealership Agrees to Pay Penalty of $1.4 Million and Restitution of More than $730K in Bank Loan Fraud Scheme
How Crucible Prevents This
Crucible's compliance monitoring for Community Banks / Credit Unions would have detected the patterns underlying this enforcement action.
Don't let this happen to your organization. See how Crucible works.
See How Crucible Works