The Street: Banks - Jan 27, 2010Deloitte & Touche LLP
-
The Street.comA majority of business professionals (64 percent) polled during a recent Deloitte webcast think the Fraud Enforcement and Recovery Act will be effective in increasing the total dollar amount the government will recover under the False Claims Act The federal Fraud Enforcement and Recovery Act of 2009, enacted in May, significantly expands the scope of the False Claims Act (FCA), the statute that imposes liability on businesses and people for knowingly making false statements or false claims for payment of government funds "The Fraud Enforcement and Recovery Act has improved incentives for whistleblowers and provided additional resources to federal enforcement agencies, all totaling more than $500 million ," said Yvonne Craver , partner,
Deloitte Financial Advisory Services LLP
Share:
<span class="sent">A majority of business professionals (64 percent) polled during a recent <span class="company">Deloitte</span> webcast think the Fraud Enforcement and Recovery Act will be effective in increasing the total dollar amount the government will recover under the False Claims Act</span> The federal Fraud Enforcement and Recovery Act of 2009, enacted in May, significantly expands the scope of the False Claims Act (FCA), the statute that imposes liability on businesses and people for knowingly making false statements or false claims for payment of government funds "The Fraud Enforcement and Recovery Act has improved incentives for whistleblowers and provided additional resources to federal enforcement agencies, all totaling more than $500 million ," said Yvonne Craver , partner, <span class="company">Deloitte</span> Financial Advisory Services LLP
Tweet this