UPS agrees to pay US$25m to settle US false claims allegations

Published Tue, May 19, 2015 · 02:57 PM

[WASHINGTON] UPS has agreed to pay US$25 million to settle allegations that it submitted false claims to the US government, according court documents unsealed on Tuesday.

United Parcel Service Inc, known as UPS, allegedly covered up reports that it was late to deliver packages, keeping government customers from being eligible for refunds, according to the documents released by the US Department of Justice.

REUTERS

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Companies & Markets

UPS agrees to pay US$25m to settle US false claims allegations

Consumer & Healthcare

Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom

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