The C-levels are in fact people, and can be thrown in jail.

The board of directors are also people, and can be thrown in jail.

*SOMEONE OR SOMEONES* at the top signed off on that document. If it's multiple people in on this, that makes a conspiracy to commit mass fraud at a country-scale.

This loophole needs to be closed. Companies have the power to do harm on a large scale with bo repercussions. Fines become a cost of doing business. How is reporting incorrect data to the federal government which is used for grants not flat out fraud?