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Friday, March 29, 2024

DOJ receives more than $24 billion in civil, criminal case funds

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Eric Holder | The U.S. Department of Justice

The United States Department of Justice collected more than $24 billion during the 2014 fiscal year, U.S. Attorney General Eric Holder announced on Wednesday.

In this fiscal year, which ended Sept. 30, 2014, the U.S. Attorneys' office collected the money mostly from False Claims Act, which is money recouped from fraud, lost money or other misconduct. It includes money from corporations that violated federal health, safety, civil rights, tax or environmental law.

“Every day, the Justice Department’s federal prosecutors and trial attorneys work hard to protect our citizens, to safeguard precious taxpayer resources and to provide a valuable return on investment to the American people,”  Holder said.  “Their diligent efforts are enabling us to achieve justice and recoup losses in virtually every sector of the U.S. economy.  And it shows the fruits of the Justice Department’s tireless work in enforcing federal laws; in protecting the American people from violent crime, national security threats, discrimination, exploitation and abuse; and in holding financial institutions accountable for their roles in causing the 2008 financial crisis.”   

The amount can include money from previous years in previous cases, but was collected this year. The No. 1 largest source is penalties paid by financial institutions as a result of the 2008 financial crisis.

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