Category: Whistleblower Fraud

ATTORNEY NEWSLETTER Blowing the Whistle on Bank Fraud How the Process Works The government rewards whistleblowers who aid prosecutors in going after fraud. A number of agencies maintain whistleblower programs but when the fraud is related to banks and other federally insured financial institutions, the Financial Institutions Reform, Recovery, and […]

ATTORNEY NEWSLETTER False Claims Act Cases and Alternate Remedies Whistleblowers/Relators Can Share in Criminal Forfeitures Under the False Claims Act (FCA), the federal government rewards whistleblowers who present credible, original information of false claims made to government agencies for payments and reimbursements. The cases are known as qui tam cases […]

ATTORNEY NEWSLETTER Healthcare Fraud on the Government The Three Pillars of Government Enforcement and Prevention Whistleblowers Rewarded Healthcare fraud against Medicare and other government health care programs amounts to billions of dollars every year. Whistleblowers initiate the majority of enforcement and recovery actions and typically bring their cases under three […]

ATTORNEY NEWSLETTER False Claims Act Cases for Overcharging Government Settles Large Whistleblower Suit Against Compounding Pharmacy Whistleblower Rewarded Healthcare fraud against Medicare, Medicaid, and other government health care programs amounts to billions of dollars every year. Overcharging for drugs and procedures is a major type of this fraud.  Whistleblowers bring […]

ATTORNEY NEWSLETTER Massive Whistleblower Settlement Against Drug Company Healthcare fraud costs this country over $68 billion annually and part of that fraud is government payment for unapproved, substandard medications sold by drug manufacturers. The Department of Justice (DOJ) just settled a massive whistleblower suit against one drug company that repackaged […]

ATTORNEY NEWSLETTER Failure to Disclose as Securities Fraud Recently the Securities and Exchange Commission (SEC) reached a $35 million settlement with Altaba Inc. for alleged securities fraud[1].  For those of you that don’t know, Altaba is the old Yahoo!. Previously, the SEC charged the company with failure to investors of […]

ATTORNEY NEWSLETTER Commodity Futures Trading Commission Whistleblower Program Futures and derivatives trading played a major part in this country’s financial crisis of 2008. Some of that trading was based on misrepresentations and fraud.  The Commodity Futures Trading Commission (CFTC) oversees futures, options, currency and derivatives trading in the United States […]

ATTORNEY NEWSLETTER Securities and Exchange Commission Whistleblower Program When Congress included whistleblower provisions in the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”), the program faced considerable opposition. Many large banks and companies, along with the Chamber of Commerce, argued that it would cut against existing compliance efforts and provide an […]

ATTORNEY NEWSLETTER Physician Groups Settle Whistleblower Case for $33 Million False Claims Act Suit Whistleblower/qui tam cases brought under the federal False Claims Act (FCA) often involve false claims for payment under government programs like Medicare and Medicaid. In a recent $33 million settlement announced by the Department of Justice, […]

ATTORNEY NEWSLETTER Fraudulent Ambulance Charges Uncovered False Claims Act Suit Whistleblower/qui tam cases brought under the federal False Claims Act (FCA) typically involve direct, illegal claims for reimbursement or fraudulent billing under government programs such as Medicare and Medicaid.  A recent case involved the alleged practice of “up coding,” where […]