Violation Tracker Individual Record
Date:April 26, 2006
Offense Group:financial offenses
Primary Offense:anti-money-laundering deficiencies
Florida-based BankAtlantic entered into a deferred prosecution agreement with the government and agreed to forfeit $10 million to resolve charges of failing to maintain an anti-money laundering program.
Level of Government:federal
Action Type:agency action
Agency:Justice Department Criminal Division
Civil or Criminal Case:criminal
Prosecution Agreement:deferred prosecution agreement
HQ Country of Parent:USA
HQ State of Parent:North Carolina
Ownership Structure of Parent:publicly traded
Major Industry of Parent:financial services
Specific Industry of Parent:banking
Source Notes:If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.