Remarkably, the government actually has a program where it earns a return of investment of over 500 percent (500%). It’s the whistleblower reward program. So far, the Department of Justice has paid out $3 billion in whistleblower rewards (yes, three billion dollars!). But in return, the government has recovered $20 billion in funds back from.
While federal employee whistleblowers now receive plenty of protection under the Whistleblower Protection Enhancement Act of 2012, until recently, Department of Defense (DoD) contractors and subcontractors had limited whistleblower protection. For the most part, contractors had to report their suspicions of fraud directly to the Inspector General, a government contract manager, or Congress, and still.
Whistleblowers are entitled to large monetary rewards for reporting companies that lie about being a small business in order to receive SBA contracts or Small Business Administration set-asides. On August 27, 2013, the new “Presumed Loss Rule,” 13 CFR 121.108(a), issued by the Small Business Administration (SBA) took effect, tightening the vice on dubious federal.
If you wait too long, you will not be entitled to a whistleblower reward for reporting fraud against the government. Each government whistleblower reward program has a specific statute of limitations that cuts off reward applications. For instance, the IRS reward program is generally three years (unless there is strong evidence of fraudulent intent), and.
The government is offering huge whistleblower rewards for reporting import duty fraud or customs fraud against those who lie about the amount of import duties owed on goods being imported to the U.S. So far, customs fraud has been hiding under the radar because the government is ill-equipped to detect those cheating on paying import.
One hot whistleblower issue is whether a federal employee is eligible for a whistleblower reward for reporting fraud committed against the government agency he works at. The government takes the position that a federal employee may not receive a whistleblower reward under the False Claims Act, which is the main whistleblower reward program, based on.
One of the frequent questions I get as a law firm dedicated exclusively to helping whistleblowers file for rewards is whether a cooperating witness is entitled to a whistleblower reward after wearing a wire to help the FBI or federal agency prove fraud against the government. The answer is that it all depends on when.
If you report Medicare fraud you could get a whistleblower reward. Why does the government pay rewards for reporting Medicare fraud? Here’s the problem. It is estimated that ten percent of Medicare costs are lost due to fraud by healthcare providers. Because the Medicare program spends $500 billion a year, it means $50 billion a.
The Hesch Firm, LLC is pleased to announce that an $8 million Medicare fraud settlement was finalized today in a False Claims Act Case involving Medicare fraud allegedly committed by a Georgia-based hospital and its Louisiana-based management company. In June of 2009, The Hesch Firm’s filed a qui tam action on behalf of its client,.
I wish my first thought when I think of most big pharmaceutical drug companies was saving lives or inventing new drugs. But other words pop into my mind, such as cheating Medicare. In just 16 instances of alleged Medicare fraud by big pharmaceutical drug companies, they had to repay $3.9 billion that the government alleged.