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This site provides news and information about the False Claims Act qui tam whistleblower law, the Tax Whistleblower law and the Securities and Commodities Whistleblower law. On this site you can learn the basics of each law and the process of bringing a case as well as read about the latest developments.

Getnick & Getnick LLP is a Manhattan-based law firm dedicated to business integrity and anti-fraud cases. Our whistleblower cases have resulted in recoveries of over a billion dollars for U.S. taxpayers.
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Monday, November 17, 2008

US Govt. Claims $2.34 Billion in Fraud Settlements, Many Started by Whislteblowers

The US government claims they have recouped $2.34 billion in fraud cases, 78 percent of which were begun by private, individual whistleblowers. The assistant attorney general for Justice’s Civil Division, Gregory Katsas credited citizens’ willingness to call hotlines or initiate suits on their own saying these actions, “undoubtedly saves the country many times that amount in aborted schemes and misconduct.” In fiscal year 2008 these whistleblowers received $198 million, as they are entitled to 15 to 25 percent of the total recoup from these types of cases.

Click here to read more about the recoup from settlements in the last fiscal year for the US government in whistleblower and fraud cases.

Posted by Quitam Help Admin on 11/17 at 08:34 AM
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