Whistleblower
Law Suits or
Qui Tam Lawsuits,
allow whistleblowers to seek compensation on the
government's behalf from companies and people that have
defrauded taxpayers out of government money. Texas
Whistleblower Lawyer Jason Coomer helps whistleblowers
determine if they may have a viable Qui Tam Lawsuit and
blow the whistle on people that are stealing from the
government.
If you are aware of Bail Out Fraud,
Financial Fraud, or other government fraud and are a government employee
or other person with special
knowledge of fraud and want to be a whistle blower and
an American Hero, feel free to
contact
Bail Out Whistleblower and TARP Financial Fraud Lawyer
Jason Coomer via
e-mail message or our
submission form about a potential whistleblower
lawsuit,
health care fraud lawsuit, TARP fraud, or qui tam lawsuit.
TARP Fraud Lawsuits, Bail Out Fraud
Lawsuits, and Qui Tam Lawsuits
The Troubled Asset Relief Program
(TARP) is a $700 Billion Bail Out of the troubled
United States Banking and Credit System. It
was designed to unfreeze the credit market and
enable the government to purchase residential and
commercial mortgage assets, including whole loans
and securities. Unfortunately, after it was
announced numerous Corporate interests began
scheming on how to get as much of the Bail Out money
as possible and use the money not for its intended
purpose, but to enrich the corporations,
shareholders, and CEOs that were able to get a
portion of the money.
If you are aware of a corporation,
CEO, or individual that has fraudulently obtained Bail
Out money or intentionally used this money contrary to
its intended purpose, there may be a viable Qui Tam
Claim that would allow you not only to recoup government
money for U.S. taxpayers, but also collect a portion of
that money for yourself.
Other Bail Out Fraud Lawsuits and Qui Tam Lawsuits
The Bail Outs of AIG, Fannie Mae,
and Freddie Mac also may lead to potential qui tam
claims as approximately $300 Billion in government
funds are being used to save these private and quasi
public entities. The federal takeover of
Fannie Mae and Freddie Mac places a conservatorship
on government sponsored enterprises Fannie Mae and
Freddie Mac by the US Treasury in September 2008.
American International Group, Inc. (AIG)
has also been the recipient of a large government bail
out. Like the TARP money, the AIG bail out needs
to used for its intended purpose and not to enrich the
wealth of a few that find ways to steal bail out money
for themselves. Whether you are for or against these
large bail outs, we would all agree that it is important
that none of this money be fraudulently taken and used
to enrich a few individuals.
Economic Incentives for Whistleblowers
Lawsuits, Government Fraud Lawsuits, and Qui Tam Lawsuits
When a government imposes a
penalty, for the doing or not doing an act, and
gives that penalty in part to whistleblowers that
will sue for the same, and the other part of the
recovery goes to the government, and makes it
recoverable by action, such actions are called "qui
tam actions", the plaintiff is suing on their own
behalf as well for the government and taxpayers.
Qui tam provisions of the False
Claims Act are based on the theory that one of the
least expensive and most effective means of
preventing frauds on taxpayers and the government is
to make the perpetrators of government fraud liable
to actions by private persons acting under the
strong stimulus of personal ill will or the hope of
gain.
The strong public policy behind
creating an economic gain for whistleblowers is that
the government would be significantly less likely to
learn of the allegations of fraud, but for persons
in certain positions with specialized knowledge of
fraud that has been committed. Congress has made it
clear that creating this economic incentive is
beneficial not only for the government, taxpayers,
and the realtor, but is an efficient method of
regulating government to prevent fraud and
fraudulent schemes.
The central purpose of the qui
tam provisions of the False Claims Act is to set up
incentives to supplement government regulation and
enforcement by encouraging whistleblowers with
specialized knowledge of fraud going on in the
government to blow the whistle on the crime.
The whistleblower's share of
recovery is a maximum of 30 percent and the
government's prior knowledge of fraud now does not
necessarily bar a whistleblower from collecting lost
revenue. If the government takes over the
lawsuit, the relator can "continue as a party to the
action." The defendant is also required to pay for
the relator's attorney fees. The whistleblower is
also protected from retaliatory actions by his or
her employer. As a result a 1986 amendment to the
False Claims Act, qui tam lawsuits have increased
dramatically. Though the amendment was first made
for corrupt defense contractors, the amendment has
uncovered billions of dollars in health care fraud
and will probably apply to fraudulently obtained
TARP and Bail Out Funds.
Texas Whistleblower Lawyers and Government Fraud Lawyers
(Qui Tam Lawyers & Relator Claims)
Through Whistleblower Lawsuits, Qui Tam
Lawsuits, and other Government Fraud
Lawsuits, hundreds of billions of dollars have been recovered from
fraudulent government contractors that have stolen large amounts of money from the
government and taxpayers.
It is extremely important that
Whistleblowers continue to expose fraudulent billing
practices and unnecessary treatments that cost billions
of dollars. If you are aware of a large
government contractor that is defrauding the
United States Government out of millions or billions of
dollars, contact Texas
Whistleblower and Government Fraud Lawyer Jason Coomer. As a Texas
Bail Out
Whistle Blower Lawyer, he works with other powerful qui
tam lawyers that handle large Government Fraud cases.
He works with San Antonio Financial Fraud Whistleblower Lawyers,
Washington Financial Fraud
Whistleblower
Lawyers, New York Financial Fraud Lawyers, Wall Street
Financial Fraud Lawyers, and other Financial Fraud
Whistleblower
Lawyers as well as with Whistleblower Lawyers throughout the
World to blow the whistle on fraud that hurts the United
States and taxpayers.
