19
May
Highlights
The $549.5 million Perfectus Aluminum settlement is more than ten times larger than the previous record for a customs-related False Claims Act (FCA) resolution and the latest in a string of major cases involving Chinese imports.
The U.S. Department of Justice (DOJ)'s new Corporate Enforcement Policy creates a 120-day clock. Once a whistleblower reports internally, the company has 120 days to self-disclose or lose eligibility for a presumptive declination of prosecution.
A single customs fraud scheme can simultaneously...