The company is under investigation by the committee for possible violations of rules on conflict of interest and for possible contract fraud.

The case also focused attention on the increasingly heated debate about the effectiveness of the False Claims Act in combating contract fraud.

In the 1940s, then Comptroller General Warren repeatedly pointed to the lack of accountability of government corporations and problems with contract fraud.

Ferranti is seeking partners after discovering contract frauds that the company said would cost it $:185 million, or about $287.5 million.

The memo was written before the existence of a major two-year investigation of military contract fraud became publicly known on June 14.

His law practice specializes in civil and criminal litigation including contract fraud, antitrust, tax and security cases.

Once you've committed contract fraud, once you've gone that far, if something like this happens, you have to cover it up just to protect yourself.

What started out as contract fraud to make the deal happen ended up being a cover-up to make sure it didn't blow up.

The charges included military contract fraud.

The department has been criticized for mismanaging the prosecution of military contract fraud, after abandoning a major case against General Dynamics Corporation last year.