‘Qui Tam Whistleblower’ Category

May 2, 2014 May 2, 2014 — Both houses of Congress are now focused on dental Medicaid fraud and the drain it places on the federal coffers. Many inside employees are in an ideal position to help, but they may be completely unaware of their power to stop billing fraud schemes against the government. When whistleblowers bring a lawsuit against unethical dental management companies under the qui tam...

May 1, 2014 May 1, 2014 — The Tax Relief and Health Care Act of 2006 established an IRS Whistleblower Office for tipsters with information about tax fraud. The Act allows informants to share a percentage of between 15 and 30 percent of the amount recouped by the IRS. To be eligible for compensation for tips regarding a private individual’s IRS violations, the tax evader’s gross income must top...

April 30, 2014 April 30, 2014 — The U.S. Foreign Corrupt Practices Act (FCPA) makes it a crime for companies to win contracts or licenses abroad by paying bribes to government officials. Such bribery schemes only serve to create an imbalance in the marketplace and to prejudice honest competitors. To redress the problem, the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 created a...

April 29, 2014 April 29, 2014 — The Medicare program is funded with federal tax dollars to serve our nations’ seniors. Medicare fraud by unprincipled health care workers and medical equipment suppliers only drives up health care costs for everyone. The U.S. Department of Justice counts on whistleblowers to notify the government about fraudulent health care schemes by filing a False Claims Act lawsuit....

April 28, 2014 April 28, 2014 — The securities fraud whistleblower program established in the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act makes tipsters eligible for substantial rewards when they notify the Securities and Exchange Commission (SEC) about insider trading violations. Informants who tip off the government about trading on nonpublic information may receive an amount equivalent...

April 25, 2014 April 25, 2014 — Penny stock promoters are not immune from the same securities laws that govern others in the securities industry. To protect potential investors, promoters are required to disclose their own interests in the stocks they are peddling. To ensure that they do, and to deal with microcap promoters who don’t, the U.S. Congress initiated a whistleblower program as part of the...

April 24, 2014

April 24, 2014 — When contractors submit false information to apply for government contracts, this is procurement fraud. American taxpayers pick up the tab for the deception. Construction contractors that lack the integrity to comply with regulations governing federal programs should be held accountable. Employees working inside the business are often the first to spot misconduct. The False...

April 23, 2014 April 23, 2014 — The nation’s Medicare program is funded with federal tax dollars to help our seniors. Medicare fraud by unethical physical therapy clinics only drives up health care costs for taxpayers everywhere. The U.S. Justice Department counts on conscientious whistleblowers to spot Medicare fraud and work to stop it by filing a False Claims Act lawsuit. The statute’s qui tam...

April 22, 2014 April 22, 2014 — The U.S. Foreign Corrupt Practices Act (FCPA) seeks to create an even marketplace across the globe so that honest competition among businesses can thrive. To redress the inequity caused by businesses willing to bribe foreign government officials in an effort to increase profits, the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 established a whistleblower...

April 11, 2014 April 11, 2014 — To protect and inform investors, publicly traded companies are required by law to file accurate financial reports with the Securities and Exchange Commission (SEC). To ensure that they do, and to deal with the businesses that don’t, the U.S. Congress initiated a whistleblower program as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) of...