Raytheon Company

CA 2019 Community Banks / Credit Unions
DOJ False Claims Act
Penalty
$1.1 million

Outcome

Raytheon Company Agrees To Pay $1 Million In Settlement Of Claim Involving Procurement Fraud

Details

Raytheon Company — DOJ Enforcement (2019)

DOJ took enforcement action against Raytheon Company in CA in 2019 involving false claims act violations in the Community Banks / Credit Unions sector.

Penalty: $1.1 million

Violation types: False Claims Act
Entity type: Financial Institution
Penalty type: Settlement
Location: CA

Source: DOJ Press Release — Raytheon Company Agrees To Pay $1 Million In Settlement Of Claim Involving Procurement Fraud

How Crucible Prevents This

Crucible's billing compliance controls enforce documentation-to-claims reconciliation and flag billing anomalies before false claims are submitted.

Source: DOJ Press Release — Raytheon Company Agrees To Pay $1 Million In Settlement Of Claim Involving Procurement Fraud

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