Bankowość · 8/29/2000

Program Fraud

The Board of Directors of the Federal Deposit Insurance Corporation proposes to implement the Program Fraud Civil Remedies Act (PFCRA) of 1986 by means of a regulation. The proposed rule would establish administrative procedures to impose statutorily authorized civil penalties against any person who makes, submits, or presents a false, fictitious, or fraudulent statement or claim under $150,000 for property, services, or money to the FDIC in connection with FDIC employment matters, FDIC contracting activities, and the FDIC Asset Purchaser Certification Program. The scope of the proposed rule is expressly limited to exclude programs and activities of the FDIC (other than as set forth in the preceding sentence) that are related to FDIC regulatory, supervision, enforcement, insurance, receivership and liquidation matters.