Whistleblowers Save Taxpayers $3.4 Billion

Last week, the Department of Justice announced that it collected $3.7 billion in settlements and judgements from False Claim Act (FCA) cases against the government in 2017. The FCA is a statute that allows individual whistleblowers, called relators in this context, to file lawsuits on behalf of the government. Known as Lincoln’s Law, the FCA was originally passed in the Civil War when avaricious contractors supplied the Union with faulty weapons and failing supplies. Over the last decade, FCA cases filed have grown in number and become one of the government’s premier tools for policing corporate fraud. The cases this year covered a wide range of unscrupulous conduct. Several pharmaceutical companies bilked Medicare to the tune of hundreds of millions of dollars while two housing finance companies endorsed mortgages for federal insurance that failed to meet basic underwriting standards. Agility Public Warehousing, a Kuwaiti-based military food provider, agreed…

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