Major Fraud Act of 1988

  • Citations
  • Add to My List
  • Text Size

  • Entry
  • Reader's Guide
  • Entries A-Z
  • Subject Index

  • SPONSORED BY U.S. Representative William Hughes from New Jersey, the Major Fraud Act (Public Law 100–700) was signed into law by President Ronald Reagan on November 11, 1988. The Major Fraud Act significantly increased the maximum penalties which could be assessed for certain major frauds committed against the United States government.

    Title XVIII of the U.S. Code, primarily known as the Federal Criminal Code, was amended considerably to allow for increased penalties against anyone who knowingly and willingly commits or attempts to commit a plan to fraudulently receive property or services from the U.S. government valued at $1 million or more. The act increases the maximum penalty for a single count to $1 million and for multiple counts to $10 million. Criteria for the specified amounts ...

    Looks like you are not subscribed to have access to full content on this book.

    Please login or subscribe to get access.

    If your Institution does not have a subscription and you cannot access the full text of content on the site, find out how your Institution can subscribe.

    • Business Fraud & Crimes
    • Companies
    • Consumers
    • Countries & Regions
    • Criminology & Justice
    • Financial & Securities Fraud
    • Government
    • Laws
    • Medical & Healthcare Fraud
    • People
    • Political Scandals
    • Pollution
    • Products
    • Regulation
    • Scams & Swindles
    • War-Profiteering
    • Work-Related Crimes
    • A
    • B
    • C
    • D
    • E
    • F
    • G
    • H
    • I
    • J
    • K
    • L
    • M
    • N
    • O
    • P
    • Q
    • R
    • S
    • T
    • U
    • V
    • W
    • X
    • Y
    • Z


      • Loading...
    Back to Top