Through the Coronavirus Aid, Relief, and Economic Security Act, the federal government has passed an emergency stimulus package that will result in an unprecedented US$2 trillion infusion into the private and public sectors. However, to receive the benefits available through the CARES Act, individuals and entities will have to make a host of representations to the government regarding their circumstances to establish eligibility and, if they receive funds, to describe how the funds are used. Those who assist them to do so, open themselves up to civil liability and severe penalties under the False Claims Act. Historically, FCA enforcement has been most intense in the wake of government spending related to a national crisis.
Regulations, Compliance, & Enforcement
Trending Now
Mandatory Disclosure Rule Best Practices for Government Contractors • SBA Proposes Rollback of Social Disadvantage Presumption in 8(a) Program • New EO on Customs Enforcement Tightens Import Controls, Aims to Reduce Evasion • New Grant Regulations from OMB • The False Alignment Trap in Compliance Transformation
Government Stimulus Spending Likely to Lead to False Claims Act Investigations and Enforcement Actions
Olivier Le Moal | Shutterstock
Track False Claims Act cases, audit trends, and compliance best practices with our Compliance & Enforcement newsletter, delivering up-to-the-minute intelligence Monday–Saturday — Subscribe here.