Major Fraud Act of 1988

[AI summary unavailable — showing source text] Major Fraud Act of 1988 - Amends the Federal criminal code to subject anyone who defrauds or attempts to defraud the Government in any procurement of property or services for $1,000,000 or more to a fine of up to twice the amount which is the object of the fraud, seven years' imprisonment, or both. Sets a seven-year statute of limitations. Provides for payments to individuals (other than Government officers or employees acting in performance of official duties) furnishing information leading to a conviction. Provides a civil right of action for any employee who is the subject of an employment action because of lawful acts done by that employee in furtherance of a prosecution under this Act.…