Violation Tracker Individual Record

Company: 
Lebanese Canadian Bank
Current Parent Company: 
Lebanese Canadian Bank
Penalty: 
$102,000,000
Year: 
2013
Date: 
June 25, 2013
Offense Group: 
financial offenses
Primary Offense: 
anti-money-laundering deficiencies
Violation Description: 

The United States Attorney for the Southern District of New York and the U.S. Drug Enforcement Administration announced the settlement of a civil forfeiture and money laundering lawsuit brought by the United States against the Lebanese Canadian Bank.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
U.S. Attorney-Southern District of New York
Civil or Criminal Case: 
civil
HQ Country of Parent: 
Lebanon
Ownership Structure of Parent: 
out of business
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.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.