Federal Deposit Insurance Corporation Issues Proposed Rule Regarding False Advertising, Misrepresentations About Insured Status, and Misuse of the FDIC’s Name or Logo | site |
(Information contained in Federal Deposit Insurance Corporation press release dated: April 22, 2021)
Washington - - The Federal Deposit Insurance Corporation (FDIC) today issued a proposed rule implementing its statutory authority to prohibit any person or organization from making misrepresentations about FDIC deposit insurance or misusing the FDIC’s name or logo. This statutory authority allows the FDIC to bring formal enforcement actions, such as cease and desist orders or civil money penalties, against individuals or entities for violations.
The proposed rule describes the process by which the FDIC would identify and investigate potential violations, and the procedures it would follow, when formally and informally enforcing the statutory prohibitions. The propo...
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FDIC Issues Proposed Rule Regarding False Advertising, Misrepresentations About Insured Status, and Misuse of the FDIC’s Name or Logo
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HHS Announces False Claims Act Working Group to Enhance Efforts to Combat Fraud and Focus Resources on Bad Actors
U.S. Department of Health and Human Services Announces False Claims Act Working Group to Enhance Efforts to Combat Fraud and Focus Resources on Bad Actors | site |
(Information contained in U.S. Department of Health and Human Services [HHS] press release: December 4, 2020) Today, the Department of Health and Human Services (HHS) announced the creation of a False Claims Act Working Group (Working Group) that enhances its partnership with the Department of Justice (DOJ) and the HHS Office of Inspector General (OIG) to combat fraud and abuse by identifying and focusing resources on those who seek to defraud the American taxpayers. HHS regulates over a third of the United States economy. In 2020, HHS provided over $1.5 trillion in grants and other payments to public and private recipients, including for healthcare items and services. In addition, HHS is one of the largest government contractors, paying over $170 billion in 2020 to thousands of contractors... -
U.S. Housing and Urban Development and the Department of Justice sign Interagency Memorandum on the Application of False Claims Act
U.S. Housing and Urban Development and the Department of Justice sign Interagency Memorandum on the Application of False Claims Act| site |
Agreement Fulfills Key component of HUD Housing Finance Reform Plan
(October 28, 2019) - - Today (October 28, 2019), the U.S. Department of Housing and Urban Development (HUD) published the following information:
WASHINGTON - U.S. Housing and Urban Development Secretary Ben Carson and U.S. Attorney General William Barr today issued a Memorandum of Understanding (MOU) between the two agencies that sets prudential guidance on the appropriate use of the False Claims Act (FCA) for violations by Federal Housing Administration (FHA) lenders....
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U.S. Environmental Protection Agency says the Associated Press Issues Correction To False Reporting
U.S. Environmental Protection Agency says the Associated Press Issues Correction To False Reporting
(October 3, 2018) - - Yesterday, the Associated Press (AP) falsely reported that the Trump EPA was proposing a new rule to “weaken U.S. radiation regulations.” The headline of the story, “EPA says a little radiation may be healthy,” was not only wrong, but contrary to information provided to the reporter by the EPA press office in response to her inquiries. EPA immediately requested a retraction of the story as it used a regulation unrelated to radiation as the foundation of its reporting. The AP finally provided a correction to their article over 20 hours later and after numerous outlets used their false wire report. EPA’s press office provided numerous statements to the AP reporter regarding her inquiries on the subject and made abundantly clear that the regulation she was ... -
FCC Proposes 5.3 Million Dollar Fine on Phone Company for Slamming - - Cramming and Providing False Evidence
Federal Communications Commission Proposes $5.3 Million Fine on Phone Company for Slamming, Cramming and Providing False Evidence
Consumer Complaints Prompted Investigation into Telecommunications Carrier
Washington, DC - - (April 27, 2018) - - The Federal Communications Commission (FCC) today proposed a $5,323,322 fine against Tele Circuit Network Corporation. The FCC alleges that the Duluth, Georgia-based phone company apparently switched consumers from their preferred carrier to Tele Circuit without their permission, misled consumers into believing that telemarketing calls were from the consumer’s current carrier, provided fabricated verification recordings of consumer consent to the FCC, added unauthorized charges to bills, and failed to fully respond to a Commission inquiry. The FCC’s investigation into Tele Circuit was prompted by consumer complaints to the Commiss... -
U.S. Commerce Secretary Ross Announces Activation of ZTE Denial Order in Response to Repeated False Statements to the U.S. Government
U.S. Commerce Secretary Ross Announces Activation of ZTE Denial Order in Response to Repeated False Statements to the U.S. Government
(April 16, 2018) - - Secretary of Commerce Wilbur L. Ross, Jr. today announced that the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) has imposed a denial of export privileges against Zhongxing Telecommunications Equipment Corporation, of Shenzhen, China (“ZTE Corporation”) and ZTE Kangxun Telecommunications Ltd. of Hi-New Shenzhen, China (“ZTE Kangxun”) (collectively, “ZTE”). In March 2017, ZTE agreed to a combined civil and criminal penalty and forfeiture of $1.19 billion after illegally shipping telecommunications equipment to Iran and North Korea, making false statements, and obstructing justice including through preventing disclosure to and affirmatively misleading the U.S. Government. In addition to these mo... -
Company to Pay 9.5 Million Dollars for False Reporting of Safety Inspections and Clean Water Act Violations That Led to Explosion in Gulf of Mexico
Company to Pay $9.5 Million for False Reporting of Safety Inspections and Clean Water Act Violations That Led to Explosion in Gulf of Mexico
February 24, 2017
Washington, DC - - (February 23, 2017) - - Wood Group PSN Inc., a Nevada corporation headquartered in Houston, Texas, was ordered to pay $9.5 million today in two separate cases involving their conduct in the Gulf of Mexico. Specifically, Wood Group PSN was ordered to pay $7 million for falsely reporting over several years that personnel had performed safety inspections on offshore facilities in the Gulf of Mexico in the Western District of Louisiana, and $1.8 million for negligently discharging oil into the Gulf of Mexico in violation of the Clean Water Act after an explosion on an offshore facility in the Eastern District of Louisiana, announced Acting Assistant Attorney General Jeff Wood of the Justice Department’s Environment and Natural Resources Division, U.S. Attorney for the...
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Federal Deposit Insurance Corporation Issues Proposed Rule Regarding False Advertising, Misrepresentations About Insured Status, and Misuse of the FDIC’s Name or Logo | site |
(Information contained in Federal Deposit Insurance Corporation press release dated: April 22, 2021) Washington - - The Federal Deposit Insurance Corporation (FDIC) today issued a proposed rule implementing its statutory authority to prohibit any person or organization from making misrepresentations about FDIC deposit insurance or misusing the FDIC’s name or logo. This statutory authority allows the FDIC to bring formal enforcement actions, such as cease and desist orders or civil money penalties, against individuals or entities for violations. The proposed rule describes the process by which the FDIC would identify and investigate potential violations, and the procedures it would follow, when formally and informally enforcing the statutory prohibitions. The propo...04-29-2021, 10:05 PM -
U.S. Department of Health and Human Services Announces False Claims Act Working Group to Enhance Efforts to Combat Fraud and Focus Resources on Bad Actors | site |
(Information contained in U.S. Department of Health and Human Services [HHS] press release: December 4, 2020) Today, the Department of Health and Human Services (HHS) announced the creation of a False Claims Act Working Group (Working Group) that enhances its partnership with the Department of Justice (DOJ) and the HHS Office of Inspector General (OIG) to combat fraud and abuse by identifying and focusing resources on those who seek to defraud the American taxpayers. HHS regulates over a third of the United States economy. In 2020, HHS provided over $1.5 trillion in grants and other payments to public and private recipients, including for healthcare items and services. In addition, HHS is one of the largest government contractors, paying over $170 billion in 2020 to thousands of contractors...12-05-2020, 07:12 PM -
U.S. Housing and Urban Development and the Department of Justice sign Interagency Memorandum on the Application of False Claims Act| site |
Agreement Fulfills Key component of HUD Housing Finance Reform Plan
(October 28, 2019) - - Today (October 28, 2019), the U.S. Department of Housing and Urban Development (HUD) published the following information:
WASHINGTON - U.S. Housing and Urban Development Secretary Ben Carson and U.S. Attorney General William Barr today issued a Memorandum of Understanding (MOU) between the two agencies that sets prudential guidance on the appropriate use of the False Claims Act (FCA) for violations by Federal Housing Administration (FHA) lenders....
11-02-2019, 01:52 PM -
U.S. Environmental Protection Agency says the Associated Press Issues Correction To False Reporting
(October 3, 2018) - - Yesterday, the Associated Press (AP) falsely reported that the Trump EPA was proposing a new rule to “weaken U.S. radiation regulations.” The headline of the story, “EPA says a little radiation may be healthy,” was not only wrong, but contrary to information provided to the reporter by the EPA press office in response to her inquiries. EPA immediately requested a retraction of the story as it used a regulation unrelated to radiation as the foundation of its reporting. The AP finally provided a correction to their article over 20 hours later and after numerous outlets used their false wire report. EPA’s press office provided numerous statements to the AP reporter regarding her inquiries on the subject and made abundantly clear that the regulation she was ...10-05-2018, 04:14 PM -
Federal Communications Commission Proposes $5.3 Million Fine on Phone Company for Slamming, Cramming and Providing False Evidence
Consumer Complaints Prompted Investigation into Telecommunications Carrier
Washington, DC - - (April 27, 2018) - - The Federal Communications Commission (FCC) today proposed a $5,323,322 fine against Tele Circuit Network Corporation. The FCC alleges that the Duluth, Georgia-based phone company apparently switched consumers from their preferred carrier to Tele Circuit without their permission, misled consumers into believing that telemarketing calls were from the consumer’s current carrier, provided fabricated verification recordings of consumer consent to the FCC, added unauthorized charges to bills, and failed to fully respond to a Commission inquiry. The FCC’s investigation into Tele Circuit was prompted by consumer complaints to the Commiss...04-28-2018, 11:17 PM -
U.S. Commerce Secretary Ross Announces Activation of ZTE Denial Order in Response to Repeated False Statements to the U.S. Government
(April 16, 2018) - - Secretary of Commerce Wilbur L. Ross, Jr. today announced that the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) has imposed a denial of export privileges against Zhongxing Telecommunications Equipment Corporation, of Shenzhen, China (“ZTE Corporation”) and ZTE Kangxun Telecommunications Ltd. of Hi-New Shenzhen, China (“ZTE Kangxun”) (collectively, “ZTE”). In March 2017, ZTE agreed to a combined civil and criminal penalty and forfeiture of $1.19 billion after illegally shipping telecommunications equipment to Iran and North Korea, making false statements, and obstructing justice including through preventing disclosure to and affirmatively misleading the U.S. Government. In addition to these mo...04-16-2018, 11:37 PM -
Company to Pay $9.5 Million for False Reporting of Safety Inspections and Clean Water Act Violations That Led to Explosion in Gulf of Mexico
February 24, 2017
Washington, DC - - (February 23, 2017) - - Wood Group PSN Inc., a Nevada corporation headquartered in Houston, Texas, was ordered to pay $9.5 million today in two separate cases involving their conduct in the Gulf of Mexico. Specifically, Wood Group PSN was ordered to pay $7 million for falsely reporting over several years that personnel had performed safety inspections on offshore facilities in the Gulf of Mexico in the Western District of Louisiana, and $1.8 million for negligently discharging oil into the Gulf of Mexico in violation of the Clean Water Act after an explosion on an offshore facility in the Eastern District of Louisiana, announced Acting Assistant Attorney General Jeff Wood of the Justice Department’s Environment and Natural Resources Division, U.S. Attorney for the...02-23-2017, 10:08 PM