12 C.F.R. § 308.504 Review by the reviewing official.
Title 12 - Banks and Banking
(a) If, based on the report of the investigating official under §308.503(b) of this subpart, the reviewing official determines that there is adequate evidence to believe that a person is liable under §308.502 of this subpart, the reviewing official will transmit to the Attorney General a written notice of the reviewing official's intention to issue a complaint under §308.506 of this subpart. (b) Such notice will include: (1) A statement of the reviewing official's reasons for issuing a complaint; (2) A statement specifying the evidence that supports the allegations of liability; (3) A description of the claims or statements upon which the allegations of liability are based; (4) An estimate of the amount of money or the value of property, services, or other benefits requested or demanded in violation of §308.502 of this subpart; (5) A statement of any exculpatory or mitigating circumstances that may relate to the claims or statements known by the reviewing official or the investigating official; and (6) A statement that there is a reasonable prospect of collecting an appropriate amount of penalties and assessments. Such a statement may be based upon information then known, or upon an absence of any information indicating that the person may be unable to pay such amount.
Title 12: Banks and Banking
PART 308—RULES OF PRACTICE AND PROCEDURE
Subpart T—Program Fraud Civil Remedies and Procedures
§ 308.504 Review by the reviewing official.
