Leahy and Grassley Introduce Bill To Give DOJ Additional Funds to Fight Fraud
By Christopher M. Matthews | May 5, 2011 4:11 pm

The bipartisan leadership of the Senate Judiciary Committee introduced legislation Thursday to redirect a portion of money recovered through fraud cases back into Justice Department anti-fraud activities.

Senators Patrick Leahy (D-Vt.) and Charles Grassley (R-Iowa) introduced a bill that would redirect about $15 million a year in funds recovered through fraud cases back into the DOJ’s fraud enforcement efforts.

The Justice Department is currently authorized to keep 3 percent of the money it collects through its civil debt collection litigation activities in its Working Capital Fund to use for agency-wide expenditures. The new legislation would increase that amount to 3.5 percent, drawing from penalties and fines levied in fraud cases and stipulating that the additional .5 percent be spent exclusively on fraud enforcement.

The bill also would allow DOJ to recoup the costs of prosecuting and investigating successful Civil False Claims Act cases. The Department is currently authorized to deduct 3 percent from False Claims Act recoveries into the Working Capital Fund.

“In the last fiscal year alone, the Department of Justice recovered well over $6 billion through fines, penalties, and recoveries from fraud cases – far more than it costs to investigate and prosecute these matters,” Leahy said in a statement. “The recovery of these vast sums of money demonstrates that investment in fraud enforcement pays for itself many times over.”

Perhaps in anticipation of criticism that the legislation would provide the Justice Department with unchecked funding, the bill calls for increased “accountability by requiring the Justice Department to better manage and account for key spending,” according to the release.

Specifically, the bill would cap the amount of the 3.5 percent collected annually that the Justice Department can carry over to spend in subsequent years and would require the department to report to Congress on the Working Capital Fund every year. The legislation also requires the Attorney General to submit an annual report to Congress on every False Claims Act Settlement.

“Without transparency and accountability the fight to combat fraud often falls short,” Grassley said in the release. “To ensure that the funds and manpower are being used most effectively, and False Claims Act lawsuits aren’t being settled for pennies on the dollar, the transparency provisions included in this bill are an important way to hold the department accountable for its actions.”

Facebook Twitter Linkedin Email

3,019 Comments

  1. vyskusam says:

    Related……

    [...]just beneath, are numerous totally not related sites to ours, however, they are surely worth going over[...]……

  2. will smith divorce jada pinkett…

    [...]I wouldn’t be ready to go after all of these diverse targets whilst concurrently dedicating the electricity [...]…

  3. business broker nj…

    [...]Sites of interest we’ve a link to[...]…

  4. Extra To Follow……

    [...]to unlawful packages or pyramid schemes. Essentially, this type of market does not have actual, worthy product. [...]……

  5. Visitor recommendations…

    [...]one of our visitors recently recommended the following website[...]……

  6. atheist shop says:

    atheist shop…

    [...]Here is a superb Blog You might Come across Fascinating that we Encourage You[...]…

  7. Sites we Like……

    [...] Every once in a while we choose blogs that we read. Listed below are the latest sites that we choose [...]……

  8. will smith poster fresh prince…

    [...]As soon while you understand that you will be late, you rush about the door, get your present wallet, cell [...]…

  9. Poker says:

    Links…

    [...]Sites of interest we have a link to[...]……

  10. Online Article……

    [...]The information mentioned in the article are some of the best available [...]……

  11. MLM Training Secrets…

    [...]check beneath, are some absolutely unrelated web-sites to ours, on the other hand, they may be most trustworthy sources that we use[...]…

  12. Opposing Views…

    …Considering other people is important for the creative process……

  13. Weber Q100 says:

    Write-up Follow Up……

    [...]Look for a system that is of excessive superior. As an example, look for a single that is definitely related with numerous [...]……

  14. tatuaggi says:

    Recommeneded websites…

    [...]Here are some of the sites we recommend for our visitors[...]……

  15. buy cheap twitter followers…

    [...]we like to honor numerous other net internet sites around the internet, even though they aren?t linked to us, by linking to them. Underneath are some webpages really worth checking out[...]…

  16. Recommeneded websites……

    [...]Here are a few of the web pages we suggest for our visitors[...]………

  17. Thanks a lot…

    Hi, Thanks for your post, it was really informative. I’ll be looking forward for your next post….

  18. Sources…

    [...]check below, are some totally unrelated websites to ours, however, they are most trustworthy sources that we use[...]……

Leave a Comment

You must be logged in to post a comment.

Ernst & Young LLP
Dealing with complex issues of fraud, regulatory compliance and business disputes can detract from efforts to succ... more
Barnes & Thornburg LLP
ANALYSIS: Does the Supreme Court’s decision in Riley v. California signal the rebirth of the 4th amendment in wh... more
Sheppard, Mullin, Richter & Hampton LLP
ANALYSIS: Shelter from the Coming Storm: Anti-Corruption Compliance in European Public Procurement more
Edwards Wildman
ANALYSIS: The Case for an International Anti-Corruption Court more
Dorsey & Whitney LLP
ANALYSIS: SEC Settlement - The FCPA Risks of Entering New Markets more
Ashurst LLP
ANALYSIS: Bribery and Corruption - Implications for Energy Companies more
Squire Patton Boggs
ANALYSIS: New Guidance Published In The UK On Countering Small Bribes In Business more

IS ERIC HOLDER RACE BAITING? CNN panel debates.


LOCAL UTAH OFFICIALS CRITICIZE DOJ'S INACTION ON CORRUPTION SCANDAL: The influence-buying allegations that led to the arrests of two former Utah Attorneys General touched Senate Majority Leader Harry Reid, a Democrat.


HAS FCPA GONE TOO FAR? WSJ MODERATOR ASKS."Why trivialize foreign corruption when no one would trivialize domestic corruption?" Criminal Division Fraud Section Chief Jeff Knox parried at a Wall Street Journal business conference in Washington, D.C.

USDOJ: CRIMINAL DIVISION NEWS  
An error has occurred, which probably means the feed is down. Try again later.