Violation Tracker Individual Record
Company:
Deloitte & Touche LLP
Current Parent Company:
Deloitte Touche Tohmatsu
Penalty:
$149,500,000
Year:
2018
Date:
February 28, 2018
Primary Offense:
False Claims Act and related
Violation Description:
Deloitte & Touche LLP agreed to pay the United States $149.5 million to resolve potential False Claims Act liability arising from its role as the independent outside auditor of Taylor, Bean & Whitaker Mortgage Corp., a failed originator of mortgage loans insured by the Federal Housing Administration.
Level of Government:
federal
Action Type:
agency action
Agency:
Justice Department Civil Division
Civil or Criminal Case:
civil
HQ Country of Parent:
Britain
Ownership Structure of Parent:
privately held
Major Industry of Parent:
business services
Specific Industry of Parent:
business services
Source Notes:
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note:
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.
