SunTrust

SunTrust to Pay Almost $1 Billion to Resolve False Claims Act Violations
June 19, 2014
SunTrust Mortgage Inc. has agreed to pay $968 million to resolve False Claims Act violations in connection with mortgage origination, servicing, and foreclosure abuses, the U.S. Department of Justice announced earlier this week.  About half, $418 million, resolve SunTrust’s liability; the rest will provide consumer relief for homeowners. SunTrust admitted that...
False Claims / Whistleblowers
Contract Fraud, False Claims Act, Fraud Against Government, SunTrust
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