Regarding institutional incentives, it’s like this - company self-reports, is able to consider itself a victim of the person - that they were defrauded just lik

Regarding institutional incentives, it’s like this - company self-reports, is able to consider itself a victim of the person - that they were defrauded just like the Navy. They may or may not be bringing their own action against the former employee, but have every incentive to even bring something token just to get the ruling and make their victim status official. If they can be classified as a victim of the same fraud (by court, by DOJ) they can’t be held liable for the fraud. There may be some other liability the company has exposure to but this would take care of the lions share of it. Self-reporting in this framework is far better than incentivizing a cover-up. Company will likely still have an asterisk by their name insofar as contracts are concerned and have to spend a metric ton paying the audit grifters.