PlainBillCongress, translated.Legislation. Context. Public interest.Placed on Senate Legislative Calendar under General Orders. Calendar No. 148.
Congressional Research Service
Version 01 · Reported to Senate with amendment(s) · May 15, 2007
War Profiteering Prevention Act of 2007 - Amends the federal criminal code to impose a fine and/or prison term of up to 20 years for profiteering and fraud involving a contract or the provision of goods or services in connection with a war, military action, or relief or reconstruction activities within U.S. jurisdiction. Prohibits: (1) executing or attempting to execute a scheme or artifice to defraud the United States; and (2) materially overvaluing any good or service with the specific intent to defraud and excessively profit from the war, military action, or relief or reconstruction activities.
Imposes a fine or prison term of up to 10 years for: (1) falsifying, concealing, or covering up by any trick, scheme, or device a material fact; (2) making any materially false, fictitious, or fraudulent statements; or (3) making or using any materially false writing or document knowing the same to be false, fictitious or fraudulent.
Establishes the fine provided by this Act as the greater of $1 million or twice the gross profits or other proceeds derived by a person convicted of an offense under this Act.
Showing the opening paragraphs of the official summary.
Expands venue rules for the prosecution of offenses under this Act.
Grants extraterritorial federal jurisdiction over offenses under this Act.
Subjects any property which constitutes or is derived from proceeds traceable to a violation of this Act to civil and criminal forfeiture.
Makes the war profiteering and fraud offenses set forth by this Act predicate crimes for racketeering and money laundering offenses.
People & committees
Sen. Leahy, Patrick J. [D-VT] · D–VT
Legislative record
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Placed on Senate Legislative Calendar under General Orders. Calendar No. 148.
Committee on the Judiciary. Reported by Senator Leahy with amendments. With written report No. 110-66. Additional views filed.
Committee on the Judiciary. Reported by Senator Leahy with amendments. With written report No. 110-66. Additional views filed.
Committee on the Judiciary. Ordered to be reported with an amendment favorably.
Committee on the Judiciary. Hearings held. Hearings printed: S.Hrg. 110-39.
Committee on the Judiciary. Hearings held. Hearings printed: S.Hrg. 110-5.
Read twice and referred to the Committee on the Judiciary. (text of measure as introduced: CR S119-120)
Sponsor introductory remarks on measure. (CR S118-119)
Introduced in Senate
Primary sources
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Source last updated: Aug 10, 2026. Consult Congress.gov for the current record.
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