Merchant Account Underwriting Tools

CORPORATE OFFENDERS

Who went to jail?

The list below is from https://violationtracker.goodjogsfirst.org/top=100 parents

Numbers are from year 2000 to present
RankParent NamePenalty Total DollarsNumber of Records
1Bank of America$58,406,055,098 119
2JPMorgan Chase$29,715,750,704 99
3BP$26,999,493,351 219
4Volkswagen$23,312,734,121 38
5Citigroup$17,267,715,789 68
6Wells Fargo$14,779,993,515 93
7Deutsche Bank$12,527,268,086 32
8Royal Bank of Scotland$12,429,670,000 16
9Goldman Sachs$9,602,492,860 26
10BNP Paribas$9,542,129,750 11
11Credit Suisse$9,238,499,630 19
12HSBC$5,718,137,007 40
13Morgan Stanley$5,583,695,935 58
14Anadarko Petroleum$5,215,831,318 90
15Barclays$5,110,571,934 24
16UBS$5,082,944,767 47
17American Electric Power$4,792,877,827 53
18Pfizer$4,419,846,055 46
19GlaxoSmithKline$3,967,997,982 13
20Johnson & Johnson$3,370,247,328 27
21Merck$2,943,257,640 38
22ZTE$2,592,360,064 4
23SAC Capital$2,401,747,463 2
24Abbott Laboratories$2,338,807,423 25
25Ocwen Financial$2,231,663,803 6
26Teva Pharmaceutical Industries$2,182,020,831 25
27Verizon Communications$1,916,523,153 124
28Tenet Healthcare$1,769,440,619 37
29Duke Energy$1,684,062,397 65
30Walmart$1,572,592,248 278
31SunTrust Banks$1,539,935,616 16
32Societe Generale$1,530,910,541 16
33HCA Holdings$1,525,641,698 14
34Eli Lilly$1,482,270,176 13
35S&P Global$1,433,005,058 3
36Transocean$1,426,734,859 7
37Marathon Petroleum$1,394,892,516 323
38Toyota$1,333,479,865 30
39MF Global$1,324,000,000 3
40Dominion Energy$1,266,639,024 86
41Novartis$1,221,184,386 22
42Rabobank$1,219,259,259 6
43FirstEnergy$1,205,681,133 49
44U.S. Bancorp$1,196,293,482 26
45DaVita HealthCare Partners$1,143,228,475 14
46Ningbo Joyson Electronic$1,141,324,460 6
47Commerzbank$1,112,666,296 5
48Allergan$1,098,851,374 13
49Exxon Mobil$1,036,344,697 364
50Valero Energy$1,021,894,237 308
51Alliant Energy$1,019,517,387 11
52Bristol-Myers Squibb$985,938,245 17
53Mylan$981,725,000 6
54American International Group$967,298,699 8
55General Motors$956,427,274 85
56AstraZeneca$936,846,125 9
57WEC Energy Group$932,338,475 17
58Fiat Chrysler Automobiles$931,297,164 103
59Bank of New York Mellon$908,122,564 21
60AmerisourceBergen$899,417,883 13
61AT&T$892,714,190 221
62Moody’s$880,458,879 5
63Boeing$877,924,072 70
64Takeda Pharmaceutical$875,000,000 1
65Mosaic$851,722,990 63
66CVS Health$839,892,433 158
67Siemens$828,989,918 58
68Amgen$787,285,069 8
69Credit Agricole$783,220,085 9
70State Street Corp.$779,814,174 7
71Alstom$772,505,498 6
72Merck KGaA (EMD)$768,080,321 28
73Koch Industries$747,531,906 445
74Chevron$740,954,276 610
75Telia Company AB$731,603,972 2
76Amaya Inc.$731,000,000 1
77Alcoa$728,088,287 159
78Adelphia Communications$715,475,258 12
79ArcLight Capital Partners$706,397,987 22
80East Kentucky Power Cooperative$693,338,582 14
81Prudential Financial$692,897,500 7
82Ally Financial$668,600,000 5
83Olympus$646,956,774 2
84Northrop Grumman$641,904,575 65
85Western Union$624,418,811 4
86ING$624,200,000 3
87Royal Dutch Shell$618,512,330 576
88NiSource$613,488,320 13
89KBR$597,476,928 19
90FedEx$591,260,629 208
91Phillips 66$590,152,105 224
92ABN AMRO$587,733,255 7
93Bayer$574,279,723 106
94Fresenius$570,463,247 20
95Alpha Natural Resources$555,699,854 3,793
96Cerberus Capital Management$554,873,855 193
97Alphabet Inc.$553,043,907 7
98Julius Baer Group$547,000,000 1
99Sanofi$544,996,233 11
$351,019,550,609

So, as Underwriters maybe we can be excused for not identifying every little rinky dink fraudster who takes us for a few million. After all, fraud has become a business model.

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