U.S. Justice Department Accuses Oracle of Fraud

OracleThe U.S. Justice Department is accusing software company Oracle (ORCL) of defrauding the government on a contract worth over $1 billion.

In a complaint filed yesterday in U.S. District Court for the Eastern District of Virginia, the Justice Department alleges that Oracle misled the government about its business practices, causing government clients to get worse deals on Oracle's services than the company's private sector clients.

The Justice Department alleges that Oracle told employees of the General Services Administration that federal government customers would receive a larger discount than similarly sized corporate clients, the Wall Street Journal reported.

In fact, the Justice Department says, Oracle offered larger discounts to over 90% of its corporate clients, and tried to conceal this information from government officials.

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mrtaxattorney

I think the DOJ should charge Holder and half of Obamas appointments with fraud

August 08 2010 at 9:00 PM Report abuse +2 rate up rate down Reply
ebreit19

So, where has the DOJ been all these years? Everyone knows you promise federal, state, and muncipal governments and their kind the world and then charge them the most possible, give them the least service, and the sell the lowest grade materials possible. Sometimes they call it low bid, but usually it's no bid contracts. Afterall, what can they do about it? Not much. The governments have allowed the tax payer to be bilked forever. It's very expensive to keep their cronies in business, maintain nepotism, and in short keep the oligarchs in control. Business as usual.

August 08 2010 at 6:44 PM Report abuse rate up rate down Reply
Paul

Stand clear of them. You can get sick trying to explain why they shouldn't do that? Wrong Way Corporate. Flight is Right.

August 08 2010 at 6:33 PM Report abuse rate up rate down Reply
Paul

Bubba's Seminars > "you are da Woman." Was that the guy, who beat the child molester to death, using a broom stick? Grape Vine Traffic from the Fed Prison.

August 08 2010 at 6:29 PM Report abuse rate up rate down Reply
Paul

Wrong way corporate usually blames the People, who are blaming them. Charge, counter charge, the mission and purposes for being in business stagnated, because someone needed more money; without regards or concerns. Hefty Fines should wake someone up. Incarceration puts them into hibernation, and they will try it again, upon release. World's Greatest Genious meets Bubba, who's doing life.

August 08 2010 at 6:18 PM Report abuse rate up rate down Reply
Paul

Trick, Trap, Abuse and Swindle, the new and improved way of doing business, until caught. Why do it against Consumers? If Joe Six Pack tried it, he would be first in jail, and that would be after the beating.

August 08 2010 at 6:09 PM Report abuse rate up rate down Reply
topmind

The government has always giggled off purchases of $6,000 hammers or $22,000 toilet seats, so why get upset about a discount not granted? Did any one see the cost of the paperwork involved for the company selling the item? According to the DOJ's approach, Boeing, Ford, GM, Dupont, etc... should be also prosecuted for selling to the government at higher prices than they sell to private suckers.

August 08 2010 at 3:53 PM Report abuse rate up rate down Reply
agoddo

Oracle is an inappropriate accounting software system for governmental accounting, especially for federal grants accounting.

August 08 2010 at 10:02 AM Report abuse +1 rate up rate down Reply
MSmailbox

NO! Leave ORACLE alone! Go after Ashton-Tate, so that the dBASE language is not propriatary! ORACLE should be allowed to grow into a big company, just like A-T did. We cannot allow ORACLE to be stomped on, before it blooms!

Signed .dbf

August 02 2010 at 7:42 PM Report abuse -2 rate up rate down Reply
usrt66

DOJ accusing someone of fraud? Is the pot calling the kettle Black? DOJ needs to clean up its own act 1st, then maybe they would have some credibility.

August 02 2010 at 1:39 PM Report abuse +4 rate up rate down Reply