Owner of Jet Charter Company

FL 2021 Community Banks / Credit Unions
DOJ False Claims Act Embezzlement
Penalty
$1.2 million

Outcome

Owner of Jet Charter Company Settles False Claims Act Allegations Regarding Misappropriation of Payment Protection Program Loan

Details

Owner of Jet Charter Company — DOJ Enforcement (2021)

DOJ took enforcement action against Owner of Jet Charter Company in FL in 2021 involving false claims act, embezzlement violations in the Community Banks / Credit Unions sector.

Penalty: $1.2 million

Violation types: False Claims Act, Embezzlement
Entity type: Financial Institution
Penalty type: Criminal
Location: FL

Source: DOJ Press Release — Owner of Jet Charter Company Settles False Claims Act Allegations Regarding Misappropriation of Payment Protection Program Loan

How Crucible Prevents This

Crucible's billing compliance controls enforce documentation-to-claims reconciliation and flag billing anomalies before false claims are submitted. Crucible's financial controls enforce segregation of duties and dual-approval requirements to prevent unauthorized fund diversion.

Source: DOJ Press Release — Owner of Jet Charter Company Settles False Claims Act Allegations Regarding Misappropriation of Payment Protection Program Loan

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