Universal American Mortgage Company, LLC

CA 2018 Community Banks / Credit Unions

DOJ False Claims Act

Penalty

$13.2 million

Outcome

Universal American Mortgage Company, LLC Agrees to Pay $13.2 Million to Settle False Claims Act Investigation

Details

Universal American Mortgage Company, LLC — DOJ Enforcement (2018)

DOJ took enforcement action against Universal American Mortgage Company, LLC in CA in 2018 involving false claims act violations in the Community Banks / Credit Unions sector.

Penalty: $13.2 million

Violation types: False Claims Act
Entity type: Financial Institution
Penalty type: Settlement
Location: CA

Source: DOJ Press Release — Universal American Mortgage Company, LLC Agrees to Pay $13.2 Million to Settle False Claims Act Investigation

How Crucible Prevents This

Crucible's billing compliance controls enforce documentation-to-claims reconciliation and flag billing anomalies before false claims are submitted.

Source: DOJ Press Release — Universal American Mortgage Company, LLC Agrees to Pay $13.2 Million to Settle False Claims Act Investigation

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