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Company: PriceWaterhouseCoopers, LLP
Current Parent Company:
PricewaterhouseCoopers
Parent at the Time of the Penalty Announcement:
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Penalty: $41,900,000
Year: 2005
Date: July 11, 2005
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Mega-Scandal:
Federal Contractor Abuses
Violation Description: PriceWaterhouseCoopers, LLP (PWC) agreed to pay $41.9 million to settle allegations that it made false claims to the United States in connection with claims it made to federal agencies for travel reimbursement. PWC received rebates on its travel expenses from travel and credit card companies, airlines, hotels, rental car agencies, and travel service providers.
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
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.