Stop Fraud in Iraq Act

H.R. 5290, the Stop Fraud in Iraq Act, was designed to strengthen the government's ability to prosecute fraud involving Iraqi funds and property held under U.S. control following the 2003 invasion. The bill would have expanded federal false claims laws to cover any fraudulent demands for these assets and temporarily waived the statute of limitations to allow for new legal actions against those suspected of such crimes. For the public, this meant that recovered funds would be returned to their rightful owners, while private citizens who reported the fraud could still receive a portion of the settlement as an incentive for whistleblowing.