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Former

NJ 2018 Community Banks / Credit Unions
DOJ Conspiracy
Penalty
$2.1 million

Outcome

Former Settlement Agent Gets 12 Years In Prison For Mortgage Fraud And Tax Evasion

Details

Former — DOJ Enforcement (2018)

DOJ took enforcement action against Former in NJ in 2018 involving conspiracy violations in the Community Banks / Credit Unions sector.

Penalty: $2.1 million

Violation types: Conspiracy
Entity type: Financial Institution
Penalty type: Criminal
Location: NJ

Source: DOJ Press Release — Former Settlement Agent Gets 12 Years In Prison For Mortgage Fraud And Tax Evasion

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 — Former Settlement Agent Gets 12 Years In Prison For Mortgage Fraud And Tax Evasion

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