‘Qui Tam Whistleblower’ Category
May 19, 2014 May 9, 2014 — One purpose underlying the U.S. Foreign Corrupt Practices Act (FCPA) is to foster an even playing field for businesses around the globe so that honest competition can thrive. To deal with the inequity caused by corporations willing to bribe foreign government officials as a way to obtain business, the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 created a...
May 16, 2014 Former Nvidia Accounting Manager is Charged with Tipping Confidential Information in Insider Trading Spree
May 16, 2014 — Inside employees in a company’s accounting department often come into possession of nonpublic information that could be misused for personal gain. But insider trading is a crime. To discourage illegal insider trading, the U.S. Congress established a...
May 15, 2014 May 15, 2014 — The Medicaid program is funded with federal and state tax dollars to provide needed health care for our nation’s underserved. Medicaid fraud by unprincipled health care providers just drains the program and hikes up health care costs for everybody. The U.S. government counts on whistleblowers to collaborate with the government to end fraudulent health care schemes by filing a...
May 14, 2014 May 14, 2014 — Medicare exists to help people in need. Medicare fraud by unethical home health care providers just drives up health care costs for everyone. The U.S. Justice Department (DOJ) depends on courageous whistleblowers to notify the government about Medicare fraud by bringing a False Claims Act lawsuit. The statute’s qui tam language gives insider employees a way to do the right...
May 13, 2014 May 13, 2014 — The U.S. Foreign Corrupt Practices Act (FCPA) helps to foster a level playing field for international businesses so that honest competition can thrive. To discourage corporations from bribing foreign government officials with gifts and travel as a way to obtain business, the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 established a whistleblower program....
May 12, 2014 May 12, 2014 — Insiders with drug companies often come into possession of confidential insider information about the success or failure of a drug in clinical trials. But it is a crime to trade on that nonpublic information. To assist in the fight against illegal insider trading, the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) of 2010 includes a whistleblower program....
May 8, 2014 May 8, 2014 — The Tax Relief and Health Care Act of 2006 put in place an IRS Whistleblower Office so tipsters with information about tax fraud could notify the IRS and be rewarded for their courage in doing so. The Act provides tipsters with between 15 to 30 percent of the amount recouped by the IRS. The rules are different for tips concerning businesses and those related to private...
May 7, 2014 May 7, 2014 — The nation’s federally funded health care programs are there to help people in need. Medicare fraud by unethical cancer treatment facilities only drives up the soaring cost of health care for everyone. The U.S. Justice Department counts on conscientious whistleblowers to notify the government about health care fraud by filing a False Claims Act lawsuit. The statute’s qui tam...
May 6, 2014 May 6, 2014 — When military contractors file false claims with the government to obtain public funds or secure the right to work on local and federal projects, this is procurement fraud. American taxpayers foot the bill for these scams. Construction subcontractors without the integrity to honor regulations governing federal programs should be held accountable. Insider employees are often the...
May 5, 2014 May 5, 2014 — It is a crime for investment advisory firms to mislead clients or potential investors. To fight illegal investment fraud, the U.S. Congress established a whistleblower program as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Tipsters who alert the Securities and Exchange Commission (SEC) to misconduct by investment advisors may be entitled to a reward for...
