Bank
DOJ
Conspiracy
Obstruction
Penalty
$368.7 million
Outcome
Bank Pleads Guilty, Pays Historic Penalty for Concealing Anti-Money Laundering Failures
Details
Bank — DOJ Enforcement (2018)
DOJ took enforcement action against Bank in CA in 2018 involving conspiracy, obstruction violations in the Community Banks / Credit Unions sector.
Penalty: $368.7 million
Violation types: Conspiracy, Obstruction
Entity type: Financial Institution
Penalty type: Criminal
Location: CA
Source: DOJ Press Release — Bank Pleads Guilty, Pays Historic Penalty for Concealing Anti-Money Laundering Failures
How Crucible Prevents This
Crucible's compliance monitoring for Community Banks / Credit Unions would have detected the patterns underlying this enforcement action.
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