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BP Alleges Fraud in Gulf Spill Payouts

BP has announced it has found evidence of fraudulent claims in the program set up to manage claims associated with the massive oil spill that resulted from the explosion of the company's Deepwater Horizon oil rig in 2010. The company was fined $29 million and ordered to repay losses seen by business owners impacted by the spill.

BP has announced it has found evidence of fraudulent claims in the program set up to manage claims associated with the massive oil spill that resulted from the explosion of the company's Deepwater Horizon oil rig in 2010. The company was fined $29 million and ordered to repay losses seen by business owners impacted by the spill.