Abstract: This regulatory action implements the Program Fraud Civil
Remedies Act (PFCRA). The 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 under $150,000 for property, services, or money to
the FDIC in connection with FDIC contracting operations and in
connection with the FDIC Asset Purchaser Certification Program.