surgical device, $8B hedgefund, Adviser Boasted Phony Assets and Track Record $9.8 Million for Engaging in Illegal, Off-Exchange Precious Metals Transactions
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18 counts of health care fraud, spent the vast majority of investor funds on himself, insider trading ahead of Pfizer acquisition, profit in advance of two major announcements,
This action against BlueLinx Holdings Inc. (NYSE: BXC) removes any doubt that companies may not ask or require prospective, current, or former employees to either waive their right to anonymously report information to the SEC under its whistleblower program or to forgo any financial award the whistleblower might receive for coming forward.
false reimbursement claims for prescription, compounded medications, cheating the federal government out of $1.5m, another NFL star in $10m fraud, turning a blind eye to faulty diagnoses, artificially inflated its billings
secured nearly $1 billion in contracts to rebuild the World Trade Center, Madoff's Ponzi scheme, issue of SEC's administrative law judges, full 24 percent of the "collected proceeds,", severance agreements waived rights, $2.3 million in bribes, improper price reductions, tricked Medicare
bank repeatedly ignored red flags, claims the military was overcharged for cigarettes, $430,000 civil monetary penalty and restitution of $480,000, kickbacks to obtain subcontracts, submitted false claims for payment to Medicaid and Medicare, claimed DuPont did not report carcinogen leaks, Kept utility reimbursement funds,
Prosecutors are challenging an appeals court ruling, civil settlement with a series of anesthesia businesses, questionable billing practices by Walgreen pharmacists, commodity trader misappropriation and violations, cease and desist from violating the CFTC regulation, pair were later lauded for their outstanding cooperation. inflating the number of certain drugs sold and then bidding very low prices for those drugs.
paid bribes to get an investment from Libya's sovereign wealth fund, market integrity is compromised, Misappropriated at Least $341,500 of Customer Funds, defendants engaged in a scheme to take advantage of lucrative construction contracts, action claiming UBS brokers hid Enron's fraud, overly complex surgeries in order to increase insurance billings.
program to encourage more brokers to speak up, defraud the United States through a systemic pattern and practice, investigation into the sales and marketing practices, found guilty Tuesday of receiving more than $10 million for services provided to Medicare
$1.5m in Disgorgement and a Monetary Penalty, What's it like to catch billions in fraud? Suit alleges four Tenet hospitals paid illegal kickbacks, Charges of massive fraud filed by the SEC against the developers of Jay Peak, strictly liable as principals for the trading violations
Kleptocracy Asset Recovery Initiative, billions of dollars in reimbursements from Medicare, charges were subsequently lumped into other costs, false claims for payment to the state Medicaid program, Hedge Fund Tied to Kickback probe, False Claims Act suit against Honeywell International Inc, $11.5 million settlement with a whistleblower, millions of dollars in false and fraudulent claims to Medicare. Jailed trader says it could happen again
IRS tax penalty could total $3 billion to $5 billion, Goldman executives exerted "undue influence", "the largest kleptocracy case" in US history, joined a growing list of pharma companies, "extraordinary" discovery step in IRS WB case, conspiring to overbill USAID, $17 million to resolve allegations that it violated the Physician Self-Referral Law, pocketed $5.6 million investor funds, CFTC Obtains Default Judgment and Permanent Trading Ban
Took $100,000 from a "family friend," Health care facilities submitted false claims to Medicare, fraudulently billing millions of dollars, used $200 million of the EB-5 money in "Ponzi-like fashion"
Alleged electricity market manipulation, U.S. authorities are examining Facebook's federal income tax liability, Funds for feeding needy children were misused, Overcharged pensions and mutual funds, Penalty Spike Confirmed by DOJ, Neurosurgeons billed for procedures they didn't participate in
The U.S. Commodity Futures Trading Commission (CFTC) today announced an award of approximately $50,000 to a whistleblower who voluntarily provided key original information that led to a successful CFTC enforcement action.
South American airline LAN settle allegations, civil fraud lawsuit brought by a whistleblowing former doctor, more than 40 reports to its whistleblower hotline last year compared to just one report in the first year, $18 million to settle False Claims Act claims, whistleblower's claims not specific enough,
The CFTC has already succeeded in bringing several enforcement actions against those committing fraud in these virtual markets, and whistleblowers have an essential role to play in this growing area of commodities fraud. The Commodity Futures Trading Commission (CFTC) has made plain that it considers so-called "virtual currencies" to be commodities subject to CFTC regulation and jurisdiction. As the use of virtual currency continues to grow around the world, there is also a concurrent rise in the volume of virtual currency fraud.
Whistleblower Protections for Contractors Act, largest criminal health care fraud case ever, first-of-its-kind conviction in a "spoofing" case, falsely told investors of massive profits, an admission that JPMorgan Chase broke U.S. laws, "Your honor, I royally screwed up", transfer pricing issues in a $3.5 billion dispute, False claims award ruling
falsifying medical records of Medicare beneficiaries, Oracle is asking a judge to throw out the state's billion-dollar fraud lawsuit, unethical relationship with a U.S. Army project manager, Louisiana Supreme Court to decide on good faith
In this increasingly ripe climate of reporting fraud through whistleblowing, there are a few areas that stand out as the major hotbeds - breeding grounds for fraud against the government and the public. Here are five stand-out fields where whistleblowers are making a difference and submitting claims in record numbers.
