Home/Cases/Community Banks / Credit Unions/$8.39 Million

$8.39 Million

NY 2025 Community Banks / Credit Unions
DOJ False Claims Act
Penalty
$8.4 million

Outcome

$8.39 Million Settlement With College Relating To Improper Receipt Of Paycheck Protection Program Loan

Details

$8.39 Million — DOJ Enforcement (2025)

DOJ took enforcement action against $8.39 Million in NY in 2025 involving false claims act violations in the Community Banks / Credit Unions sector.

Penalty: $8.4 million

Violation types: False Claims Act
Entity type: Financial Institution
Penalty type: Settlement
Location: NY

Source: DOJ Press Release — $8.39 Million Settlement With College Relating To Improper Receipt Of Paycheck 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.

Source: DOJ Press Release — $8.39 Million Settlement With College Relating To Improper Receipt Of Paycheck Protection Program Loan

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