Millions of Dollars in False Claims Submitted to HUD’s FHA Mortgage Insurance Program DOJ The United States has filed a civil complaint in federal court in Brooklyn seeking damages and penalties against three individuals and multiple companies alleged to have engaged in a wide-ranging mortgage fraud scheme to defraud the government.
Justice Department Announces Additional Distribution of more than $488 Million to Victims of Madoff Ponzi Scheme DOJ
SEC Awards Over $6 Million to Joint Whistleblowers SEC he Securities and Exchange Commission today announced an award of over $6 million to joint whistleblowers whose information and assistance led to the successful enforcement of SEC and related actions.  The whistleblowers’ substantial assistance, provided to the SEC and another government agency, included submitting documents, participating in interviews, and identifying key individuals involved in the misconduct.
"Qui tam" — short for the Latin phrase "qui tam pro domino rege quam pro se ipso in hac parte sequitur,"
Once again, in fiscal year 2018 health care fraud cases represented the overwhelming majority of successful qui tam cases filed under the federal False Claims Act. Nearly 90% of the money recovered under the False Claims Act last year—a total of $2.51 billion—was recovered in health care fraud cases.
A bill proposing a qui tam action for people who report fraud against the state of Louisiana was recently sent to the Committee on House and Governmental Affairs.
A proposed nationwide class of home buyers have accused Bank of America Corp., Countrywide Financial Corp. and appraisal firm LandSafe Inc. of conducting phony appraisals in an attempt to secure more loans, filing a lawsuit in California federal court on Thursday stemming from previously settled whistleblower claims.
The Dodd-Frank whistleblower programs of the SEC and the CFTC include significant protections for anonymity. A whistleblower can submit his or her complaint anonymously and both agencies will go to great lengths to protect that anonymity in perpetuity. But it is not a guarantee. Put simply, these whistleblower programs cannot guarantee anonymity because there are times where the SEC or CFTC must disclose the identity of a whistleblower. Those cases are the exception, and not the rule.