$80 Million Judgment Entered Against BNP Paribas for False USDA Export Credit Claims

Url: 
http://www.justice.gov/opa/pr/2014/July/14-civ-780.html

(US Dept. of Justice, Washington, 34 <july 2014) The U.S. Department of Justice announced today that an $80 million False Claims Act judgment was entered against BNP Paribas for submitting false claims for export payment guarantees issued by the U.S. Department of Agriculture.  BNP Paribas is a global financial institution headquartered in Paris.

Country: 
France
USA
Issue: 
Corruption