Former Southern Maryland
DOJ
Conspiracy
Penalty
$735,825
Outcome
Former Southern Maryland Settlement Agents Facing Federal Charges for Embezzling Funds from Unsuspecting Clients
Details
Former Southern Maryland — DOJ Enforcement (2021)
DOJ took enforcement action against Former Southern Maryland in MD in 2021 involving conspiracy violations in the Community Banks / Credit Unions sector.
Penalty: $735,825
Violation types: Conspiracy
Entity type: Financial Institution
Penalty type: Criminal
Location: MD
Source: DOJ Press Release — Former Southern Maryland Settlement Agents Facing Federal Charges for Embezzling Funds from Unsuspecting Clients
How Crucible Prevents This
Crucible's compliance monitoring for Community Banks / Credit Unions would have detected the patterns underlying this enforcement action.
Don't let this happen to your organization. See how Crucible works.
See How Crucible Works