Manager at Long Island Company
DOJ
Embezzlement
Penalty
$1.6 million
Outcome
Manager at Long Island Company Pleads Guilty to Wire Fraud for Stealing from Customer Credit Accounts
Details
Manager at Long Island Company — DOJ Enforcement (2025)
DOJ took enforcement action against Manager at Long Island Company in NY in 2025 involving embezzlement violations in the Community Banks / Credit Unions sector.
Penalty: $1.6 million
Violation types: Embezzlement
Entity type: Financial Institution
Penalty type: Criminal
Location: NY
Source: DOJ Press Release — Manager at Long Island Company Pleads Guilty to Wire Fraud for Stealing from Customer Credit Accounts
How Crucible Prevents This
Crucible's financial controls enforce segregation of duties and dual-approval requirements to prevent unauthorized fund diversion.
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