Which of the following statements are true regarding the Statute of Limitations under the False Claims Act?

The Statement regarding the Statute of Limitations under the False Claims Act being true is that it specifies both a minimum and maximum time frame. Under the False Claims Act, the statute of limitations typically includes provisions that set a general time limit for bringing a claim. Generally, claims must be brought within six years of the date the violation occurred. However, if the fraud is not known or could not reasonably have been discovered by the government, the statute provides a longer limit, extending up to ten years from the date of the violation. This combination of a minimum time limit (typically six years) and a potential maximum time frame (up to ten years) establishes a clear legal boundary for when claims can be filed, ensuring that both the government's ability to recover funds and the defendants' rights are fairly balanced.

This dual time frame is crucial for understanding how the law operates to address fraudulent claims while also considering the complexities involved in detecting such fraud. The other options do not accurately reflect the structured nature of the statute of limitations as articulated in the False Claims Act.