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Violation Tracker Individual Record

Company: Deloitte & Touche LLP
Current Parent Company: Deloitte
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $149,500,000
Year: 2018
Date: February 28, 2018
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Mega-Scandal: Mortgage Abuses
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 Current Parent: United Kingdom
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: business services
Specific Industry of Current Parent: accounting services
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.