# Program Fraud
> **US Federal Deposit Insurance Corporation** · Final rule. · Published 2001-02-07 · 66 FR 9187
## Document
- **Document number:** 01-3168
- **Category:** final-rule
- **Agency:** US Federal Deposit Insurance Corporation
- **Federal Register citation:** 66 FR 9187
- **CFR reference:** 12 CFR 308
- **Publication date:** 2001-02-07
## Abstract

The Board of Directors of the Federal Deposit Insurance Corporation is implementing the Program Fraud Civil Remedies Act (PFCRA) of 1986 by means of a regulation. The final rule establishes administrative procedures to impose statutorily authorized civil penalties against any person who makes, submits, or presents a false, fictitious, or fraudulent statement or claim (in the amount of $150,000 or less for property, services, or money) to the FDIC in connection with FDIC employment matters, FDIC contracting activities, and the FDIC Asset Purchaser Certification Program. The scope of the final rule is expressly limited to exclude programs and activities of the FDIC (other than as set forth in the preceding sentence) that are related to FDIC regulatory, supervision, enforcement, insurance, receivership and liquidation matters.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2001/02/07/01-3168/program-fraud)
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