Bradley Birkenfeld’s lawyers say they believe it is the largest whistleblower award ever, though the IRS won’t confirm.
Charles Grassley — the lawmaker most closely associated with the False Claims Act and whistleblower protections — was invited to the event but did not attend. Sen. Patrick Leahy called the False Claims Act a “real success story in government.”
One recent whistleblower saved the agency between six and 12 months of investigative work, an SEC official said.
One whistleblower firm, Phillips & Cohen LLP, is hiring two attorneys to handle the new business generated by the Securities and Exchange Commission and an earlier IRS bounty program.
To pay the bounties, the SEC will create a $300 million fund that will be replenished with the settlements and penalties, the Wall Street Journal reported.
The SEC will create a $300 million fund to pay bounties for tips about fraud, including the Foreign Corrupt Practices Act, the Wall Street Journal reported.
The government alleged the hospitals performed a procedure to fix spinal fractures on an in-patient basis, even though it could be done in a cheaper, out-patient setting.
People who blew the whistle on drug companies were often motivated by personal integrity, rather than financial gain, and their assistance in False Claims Act investigations took a large personal toll, according to a new study in The New England Journal of Medicine.
"Are you saying there was no paper trail here?" - Rep. Tom Marino (R-Pa.) to AG Eric Holder about his undocumented recusal in the Associated Press leak probe.