Morris County Attorney and

NJ 2021 Community Banks / Credit Unions
DOJ Conspiracy
Penalty
$1 million

Outcome

Morris County Attorney and Settlement Agent Admits Role in Reverse Mortgage Fraud Scheme

Details

Morris County Attorney and — DOJ Enforcement (2021)

DOJ took enforcement action against Morris County Attorney and in NJ in 2021 involving conspiracy violations in the Community Banks / Credit Unions sector.

Penalty: $1 million

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

Source: DOJ Press Release — Morris County Attorney and Settlement Agent Admits Role in Reverse Mortgage Fraud Scheme

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 — Morris County Attorney and Settlement Agent Admits Role in Reverse Mortgage Fraud Scheme

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