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.