Source: http://ecfr.io/Title-12/pt12.10.1217
Timestamp: 2018-11-21 14:09:21
Document Index: 141780365

Matched Legal Cases: ['art 1217', 'art 1217', 'art 1217', '§1217', '§1217', '§1217', '§1217', '§1217', '§1217', '§1217', '§1217', '§1217', '§1217', '§1217', '§1217', '§1217', '§1217', '§1217', '§1217', '§1217', '§1209', '§1217', '§1209', '§1217', '§1217', '§1209', 'art 1209', '§1209', '§1209']

[12 CFR 1217] Title 12 Part 1217 : Code of Federal Regulations ';
Title 12 Part 1217
Title 12 → Chapter XII → Subchapter A → Part 1217
§1217.1 Purpose and scope.
§1217.2 Definitions.
§1217.3 Basis for civil penalties and assessments.
§1217.4 Investigation.
§1217.5 Request for approval by the Department of Justice.
§1217.6 Notice.
§1217.7 Response.
§1217.8 Statute of limitations.
§1217.9 Hearings.
§1217.10 Settlements.
Source: 81 FR 43034, July 1, 2016, unless otherwise noted.
(b) Scope. This part applies only to persons who make, submit, or present or cause to be made, submitted, or presented false, fictitious, or fraudulent claims or written statements to FHFA or to those acting on its behalf in connection with FHFA employment matters and FHFA contracting activities. It does not apply to false claims or statements made in connection with matters or activities related to FHFA's supervisory, regulatory, enforcement, conservatorship, or receivership responsibilities, as other civil and administrative actions available to FHFA to redress fraud in such areas provide for remedies that are equal to or exceed those available through this part.
Assessment means a monetary penalty that is in addition to a civil penalty and may be imposed if FHFA has made any payment, transferred property, or provided services for a claim that is determined to be in violation of paragraph (a)(1) of §1217.3. An assessment may not exceed an amount that is twice the amount of the claim or portion of the claim determined to be in violation of paragraph (a)(1) of §1217.3. A civil penalty other than an assessment may be imposed whether or not FHFA has made a payment, transferred property, or provided services in response to the false claim or statement.
Report of investigation means a report containing the findings and conclusions of an investigation under chapter 38 of subtitle III of title 31, U.S.C., by the investigating official, as described in §1217.4.
Respondent means any person alleged to be liable for a civil penalty or assessment under §1217.3.
(a) False, fictitious or fraudulent claims. (1) A civil penalty of not more than $11,181 may be imposed upon a person who makes a claim to FHFA for property, services, or money where the person knows or has reason to know that the claim:
(b) False, fictitious or fraudulent statements. (1) A civil penalty of up to $11,181 may be imposed upon a person who makes a written statement to FHFA with respect to a claim, contract, bid or proposal for a contract, or benefit from FHFA that:
[81 FR 43034, July 1, 2016, as amended at 83 FR 43968, Aug. 29, 2018]
(3) An estimate of the amount of money or the value of property, services, or other benefits requested or demanded in violation of §1217.3; and
(a) General. If the reviewing official determines that the report of investigation supports an action under this part, the reviewing official must submit a written request to the Department of Justice for approval to issue a notice under §1217.6.
(3) An estimate of the amount of money or the value of property, services, or other benefits requested or demanded in violation of §1217.3;
(5) The addresses to which a response must be sent in accordance with §1209.15 of this chapter;
(a) General. (1) To obtain a hearing, the respondent must file a written response to a notice under §1217.6:
(i) In accordance with §1209.24 of this chapter; and
(2) A timely filed response to a notice under §1217.6 shall be deemed to be a request for a hearing.
(3) A response to a notice under §1217.6 must include:
(b) Failure to respond. If no response to a notice under this part is timely submitted, FHFA may file a motion for default judgment in accordance with §1209.24(c) of this part.
(a) General. Hearings under this part shall be conducted in accordance with the procedures in subpart C of part 1209 of this chapter, governing actions in accordance with subchapter II of chapter 5, U.S.C. (commonly known as the Administrative Procedure Act).
(a) General. The reviewing official, on behalf of FHFA, and the respondent may enter into a settlement agreement under §1209.20 of this chapter at any time prior to the issuing of a notice of final decision under §1209.55 of this chapter.