FDATR, Inc.; Dean Tucci; and Kenneth Wayne Halverson

2020 Community Banks / Credit Unions

CFPB Consumer Financial Violation

Penalty

$41.1 million

Outcome

FDATR, Inc.; Dean Tucci; and Kenneth Wayne Halverson was subject to a $41,123,897 enforcement action by the Consumer Financial Protection Bureau (CFPB).

Details

FDATR, Inc.; Dean Tucci; and Kenneth Wayne Halverson — $41,123,897 CFPB Enforcement

Outcome: FDATR, Inc.; Dean Tucci; and Kenneth Wayne Halverson was subject to a $41,123,897 enforcement action by the Consumer Financial Protection Bureau (CFPB).

Action Type: enforcement-action

How Crucible Prevents This

Crucible's continuous compliance monitoring would have flagged the regulatory gaps that led to this CFPB enforcement action — through automated regulatory adherence checks, BSA/AML monitoring, consumer protection compliance tracking, and corrective action plan enforcement — preventing the violations before they triggered federal action.

Source: CFPB Enforcement Actions — FDATR, Inc.; Dean Tucci; and Kenneth Wayne Halverson

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