Third Individual

NC 2025 Community Banks / Credit Unions
DOJ Fraud
Penalty
$1.1 million

Outcome

Third Individual Pleads Guilty in Scheme to Steal Funds from COVID-19 Support Program

Details

Third Individual — DOJ Enforcement (2025)

DOJ took enforcement action against Third Individual in NC in 2025 involving fraud violations in the Community Banks / Credit Unions sector.

Penalty: $1.1 million

Violation types: Fraud
Entity type: Financial Institution
Penalty type: Criminal
Location: NC

Source: DOJ Press Release — Third Individual Pleads Guilty in Scheme to Steal Funds from COVID-19 Support Program

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 — Third Individual Pleads Guilty in Scheme to Steal Funds from COVID-19 Support Program

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