- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Jeff Dale2023-07-24T18:51:00
Consulting firm Booz Allen Hamilton Holding Corp. agreed to pay approximately $377.5 million as part of a settlement with the Department of Justice (DOJ) regarding alleged False Claims Act violations stemming from improper billing of commercial and international costs in government contracts.
Booz Allen allegedly charged the government in contracts where the costs did not have a direct nexus to the contract’s objective, resulting in use of taxpayer funds for nongovernment-related work, the DOJ said in a press release Friday.
The settlement total is one of the largest in procurement fraud settlements history, said U.S. Attorney Matthew Graves in the release. It includes nearly $210 million in restitution, according to the settlement agreement.
2023-08-29T18:41:00Z By Jeff Dale
Lincare Holdings, a provider of oxygen equipment and subsidiary of Linde, agreed to pay $29 million to resolve allegations it violated the False Claims Act by fraudulently overbilling Medicare.
2023-07-31T18:55:00Z By Jeff Dale
Martin’s Point Health Care will pay nearly $22.5 million to settle allegations it violated the False Claims Act by knowingly submitting inaccurate diagnosis codes for Medicare enrollees to increase reimbursements.
2023-07-17T11:14:00Z By Kyle Brasseur
Electronic health record technology vendor NextGen Healthcare agreed to pay $31 million as part of a settlement announced by the Department of Justice for allegedly misrepresenting the capabilities of its software.
2025-06-12T15:51:00Z By Neil Hodge
Europe’s pioneering data protection legislation turned seven years old in May, but the compliance and enforcement difficulties that have dogged the rules since they came into force look set to present both companies and data regulators with fresh headaches for some time to come.
2025-06-11T15:12:00Z By Adrianne Appel
The Department of Justice has charged the founder of cryptocurrency company Evita with 22 violations for allegedly laundering more than $500 million through U.S. banks and cryptocurrency exchanges, on behalf of sanctioned Russian entities.
2025-06-07T01:41:00Z By Oscar Gonzalez
The Securities and Exchange Commission Chair Paul Atkins explained his agency’s shift on cryptocurrency regulation to a Senate committee as legislators bargain over President Donald Trump’s “One Big Beautiful Bill” and the GENIUS Act, which would have the federal government invest heavily in cryptocurrency.
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