News

Oracle settles over invoice fraud

Antony Savvas

Oracle has paid out $8m (£4.3m) to settle a lawsuit brought by the US government, which had accused the company of invoicing for computer training it had never provided.

The case was brought against Oracle after a whistleblower at the company’s training division contacted the US government about what he claimed were potentially fraudulent billing practices.

Federal officials said the whistleblower would be paid around $1.5m out of the settlement for his information.

It was alleged that Oracle had submitted a number of false invoices for computer training to various government agencies between 1997 and 2003. 

The company had been accused of pre-billing for training that did not subsequently take place. US authorities had claimed Oracle had violated the False Claims Act.


Email Alerts

Register now to receive ComputerWeekly.com IT-related news, guides and more, delivered to your inbox.
By submitting you agree to receive email from TechTarget and its partners. If you reside outside of the United States, you consent to having your personal data transferred to and processed in the United States. Privacy
 

COMMENTS powered by Disqus  //  Commenting policy