A scam that has left a US-based tech company with hundreds of thousands of dollars in losses and a US federal prosecutor facing federal charges is over, with the FBI taking over a small company that had been investigating the matter.
The Justice Department announced the settlement Tuesday in a statement that did not specify a value.
The Justice Department said in the statement that it had agreed to pay $1 million to the company, which has hired a new lawyer.
The company is a software company that has built a proprietary software application for web design.
The investigation was launched by the US Department of Justice’s fraud division, the FBI said.
The fraud division is part of the Justice Department’s Civil Rights Division, which is charged with prosecuting racial discrimination and other violations.
“The settlement resolves this matter through the Justice Dept. and the FBI’s partnership to hold accountable those responsible for this fraud,” the DOJ said in a press release.
The company has hired another law firm, Hogan Lovells, to take over the case.
The deal includes “significant penalties” for those involved, the DOJ’s statement said.