Major Fraud Act Amendments of 1989
Major Fraud Act Amendments of 1989 - Amends the Federal criminal code to authorize payments from criminal fines to individuals furnishing information leading to a conviction for a major fraud against the United States.
Makes ineligible for such a payment any individual who: (1) is a Government officer or employee acting in performance of official duties; (2) failed to furnish the information to such individual's employer prior to furnishing it to law enforcement authorities (with exceptions); or (3) participated in the violation for which payment would be made. Prohibits payments when the furnished information is based upon specified public disclosures (unless the individual is the original source of the information).
Became Public Law No: 101-123.