CORPORATE OFFENDERS

Who went to jail?

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