News

June 18, 2013 — The Securities and Exchange Commission (SEC) whistleblower program established by the Dodd-Frank Act of 2010 allows for greater efficiency in the SEC’s processing of tips from whistleblowers inside the securities industry. Brokerage and investment firm insiders who discover schemes to defraud investors and pass on unique information to the SEC may be rewarded with up to...

June 17, 2013 — Financial crimes are pursued aggressively by the government’s Financial Fraud Enforcement Task Force, which involves at least 20 federal agencies and 94 U.S. attorneys’ offices along with state and local partners. As a result of the Task Force’s efforts, in just the last few years, the Justice Department has initiated close to 10,000 financial fraud cases against...

June 13, 2013 — When company officers make false claims in public stock offerings, it’s a crime. To help even the playing field in the battle against illegal investment fraud, the U.S. Congress created a whistleblower program as part of the Dodd-Frank Act of 2010. Informants who notify the Securities and Exchange Commission (SEC) about businesses that lie to investors or divert investor...

June 13, 2013 — The Tax Relief and Health Care Act of 2006 set up an IRS Whistleblower Office so whistleblowers with information about tax fraud could notify the IRS and receive compensation. The Act allows tipsters to receive a percentage of 15 to 30 percent of the funds recouped by the IRS based on an informant’s unique information. To be eligible for compensation concerning a private...

June 12, 2013 — Health care insiders help the Justice Department to return millions of stolen dollars to the federal coffers each year through the use of the False Claims Act. The qui tam language of the Act allows health care professionals and employees who uncover Medicare scams to bring a lawsuit against the wrongdoers for the government’s benefit. As a result of the...

June 11, 2013 — In 2010, the Dodd-Frank Act created a Securities and Exchange Commission (SEC) whistleblower program to help the agency collect and investigate tips from individuals willing to collaborate with the government to stop fraudulent activity in the securities industry. Under the Dodd-Frank Act, an informant with unique information may keep as much as thirty percent of the amount...

June 11, 2013 — Courageous whistleblowers help to return millions of taxpayer dollars to the state and federal governments each year by filing claims under the federal False Claims Act. The qui tam language of the Act authorizes health care employees who learn about fraudulent Medicare and Medicaid billing scams to file a lawsuit against unethical health care providers on behalf of the...

June 10, 2013 — Each year, the U.S. Department of Justice relies on the federal False Claims Act to take back millions of tax dollars stolen through Medicare fraud. The qui tam language of the False Claims Act authorizes health care workers who find out about Medicare billing violations to file a lawsuit against the wrongdoers and keep a percentage of any monies collected. Health care...

June 7, 2013 — In the fight against Medicare fraud, lawyers with the Justice Department return millions of taxpayer dollars to the government every year through the use of the federal False Claims Act. Under the qui tam language of the Act, health care employees and professionals who discover fraudulent Medicare schemes are authorized to file a lawsuit against unscrupulous health care...

June 6, 2013 — Whistleblowers with knowledge about ongoing tax fraud have a place to turn to report the violations. The Tax Relief and Health Care Act of 2006 set up an IRS Whistleblower Office to process tipsters’ information. The Act allows informants to receive a portion of the amount the IRS collects based on the information supplied — anywhere from 15 to 30 percent. To qualify for...