New Requirements and Increased Supervision Over Economic Stimulus and Bailout Funds May Increase Potential False Claims Act Liability for Recipients
June 16, 2010
Foley Partner Michael Matthews, Senior Counsel Danielle Whitley, and Associates Mary Kendrick and John Wolfel authored an article titled “New Requirements and Increased Supervision Over Economic Stimulus and Bailout Funds May Increase Potential False Claims Act Liability for Recipients” in the July/August 2009 issue of the Financial Fraud Law Report. The authors discuss supervisory measures over the economic stimulus and bailout funds that could increase the risk of potential civil and criminal liability for recipients. They state that stimulus or bailout fund recipients should implement oversight mechanisms for monitoring the manner in which funds are used.
Author(s)
Related Insights
July 28, 2025
Labor & Employment Law Perspectives
Overcomplicating Overtime: How Employers Need to Assess the One Big Beautiful Bill’s Overtime Tax Changes
One of the fastest trending topics in the employment and taxation blogosphere in recent weeks has been the passage of the One Big…
July 28, 2025
Foley Viewpoints
Texas Enacts Critical Real Estate Reforms—Senate Bills 15, 17, 840
Prior to his June 22, 2025, deadline, Texas Governor Greg Abbott signed into law hundreds of bills passed by the Texas Legislature.
July 28, 2025
Tariff & International Trade Resource
FinCEN Exercises New Authority Targeting Mexico-Based Financial Institutions to Counter Cartel-Linked Fentanyl Trade
On June 25, 2025, the Financial Crimes Enforcement Network at the U.S. Department of the Treasury designated three Mexico-based financial institutions as primary money laundering concerns under Section 311 of the USA PATRIOT Act.