Reaches $3 Million

TN 2019 Community Banks / Credit Unions

DOJ Fraud

Penalty

$474 million

Outcome

Justice Department Reaches $3 Million Settlement with Nissan Motor Acceptance Corporation for Violating the Servicemembers Civil Relief Act

Details

Reaches $3 Million — DOJ Enforcement (2019)

DOJ took enforcement action against Reaches $3 Million in TN in 2019 involving fraud violations in the Community Banks / Credit Unions sector.

Penalty: $474 million

Violation types: Fraud
Entity type: Financial Institution
Penalty type: Settlement
Location: TN

Source: DOJ Press Release — Justice Department Reaches $3 Million Settlement with Nissan Motor Acceptance Corporation for Violating the Servicemembers Civil Relief Act

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 — Justice Department Reaches $3 Million Settlement with Nissan Motor Acceptance Corporation for Violating the Servicemembers Civil Relief Act

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