Whistleblower News

Following the 2008 financial collapse, Congress established incentivized whistleblower programs similar to the qui tam provisions in the False Claims Act, creating powerful new tools for enforcing securities and commodities laws and new ways to report securities fraud.The Dodd-Frank Wall Street Reform and Consumer Protection Act created whistleblower programs at the Securities and Exchange Commission (SEC) and at the Commodities Futures Trading Commission (CFTC) that started in 2011, when … [Read more...]

The federal Coronavirus emergency is set to expire this spring, but the process of clawing back improperly gained funds from pandemic relief efforts like the Paycheck Protection Program continues, and PPP fraud is still being brought to light.The first lender accused of PPP fraud under the False Claims Act settled their case last fall. Prosperity Bank, a regional bank with locations in Texas and Oklahoma, agreed to pay $18,673.50 to resolve allegations it improperly processed a $213,400 PPP … [Read more...]

As Kate Scanlan, a whistleblower attorney at Keller Grover, says: Where there is government funding, there is likely to be fraud. Case in point: government procurement programs. The United States is the largest purchaser in the world, buying everything from pencils to aircraft carriers. Most contracts it enters into are carried out with diligence and honesty, but with so many billions of dollars involved every year, there are bound to be unscrupulous contractors who defraud the government — … [Read more...]

Private equity money is flooding into healthcare in the United States, and with it comes demands for increased profits and the potential for private equity healthcare fraud.In 2021, $206 billion was spent on more than 1,400 private-equity healthcare acquisitions, according to industry tracker PitchBook. And research by the University of California-Berkeley found several metropolitan areas where private equity firms have taken over more than two-thirds of the market for anesthesiology and … [Read more...]

As climate change threatens the United States’ coastlines, the federal government has responded with a wave of spending to support what is being called the “blue economy.” What the “Blue Economy” Includes Across nearly 100,000 shoreline miles, from New England to Florida, around the Great Lakes, and across the Gulf and West Coasts, revenue and jobs are generated by a variety of “blue” industries, among them marine transportation, offshore renewable energy, seafood, fishing, and coastal … [Read more...]