Employee whistleblower recovery laws in the United States have been recently passed and strengthened to encourage employees with specialized knowledge of fraud to blow the whistle on significant fraud. These employee whistleblower recovery laws provide strong whistleblower protections and large economic incentives to employee whistleblowers. If you are an employee or other person with special knowledge of significant fraud including Medicare Fraud, Government Contractor Fraud, Medicaid Fraud, Tax Fraud, Securities Fraud, Commodity Fraud, or Investment Fraud, feel free to contact Employee Whistleblower Recovery Lawyer Jason Coomer via e-mail message or our submission form about a potential employee whistleblower recovery lawsuit.
Employee Whistleblower Recovery Lawsuit, Employee
Whistleblower Recovery False Claims Act Lawsuit, Employee
Whistleblower IRS Reward Lawsuit, Employee Whistleblower SEC
Bounty Action Lawsuit, and Employee Whistleblower Recovery
CFTC Lawsuit Information
(Qui Tam and Employee Whistleblower Recovery Lawsuit Information)
Under Federal law, employee whistleblower recovery laws include the Federal False Claims Act, section 406 of the Internal Revenue Code (IRS Tax Fraud Whistleblower Reward Program), section 21F of the Securities Exchange Act (SEC Whistleblower Bounty Actions), and section 23 of the Commodity Exchange Act (CFTC Whisteblower Bounty Actions). All of these employee whistleblower recovery laws have been recently passed or strengthened to provide additional protections and economic incentives to employee whistleblowers.
In addition to the Federal employee whistleblower recovery laws, many states have also passed employee whistleblower recovery laws that encourage employees with original and specialized knowledge of significant fraud against the government including Medicare and Medicaid or several other government programs to step up and blow the whistle on the fraud. Like the Federal employee whistleblower recovery laws, these laws often provide large economic incentives to employee whistleblowers as well as provide many whistleblower protections that protect the employee whistleblower from retaliation.
Employee Whistleblower Recovery Lawsuits and the Importance of Employee Whistleblower Recovery Laws
Most successful whistleblowers under the whistleblower recovery laws are employees because employees often have specialized knowledge and evidence of fraud. However, in the past it has been difficult to get employee whistleblowers to step forward for fear of retaliation by an employer and the fear of potentially losing their career. However, recent changes in some employee whistleblower recovery laws have included adding large potential economic rewards, ability to keep identity confidential through all or anonymous through most of the process, and strong whistleblower protections from retaliation including double back pack and attorney's fees.
By creating large economic incentives and whistleblower protections for employee whistleblower, the United States and many state governments are encouraging employee whistleblowers to step forward and have already had many employee whistleblowers already step forward and help detect billions in fraud.
Economic Incentives for Employee Whistleblower Recover Lawsuits, Bounty Action Whistleblower Recovery Lawsuits, and Qui Tam Whistleblower Recovery Lawsuits
Qui Tam Actions are considered to be the safest, most effective, and most efficient way ever discovered to stop hard to detect fraud. 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 moral outrage against the fraudulent act, protection from retaliation, and the promise of large financial gain.
The strong public policy behind creating an economic gain for whistleblowers is that the government would be significantly less likely to learn of hard to detect systematic 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.
Government Spending and Health Care Spending Increase (Government Fraud Costs Tax Payers Hundreds of Billions of Dollars)
Government spending in the United States has surged past Five Trillion Dollars ($5,000,000,000,000) each year and is expected to continue to increase in the futures. Further, Health Care Expenses in the United States have increased to be over Two Trillion Dollars ($2,000,000,000,000.00) Dollars each year and are expected to continue to increase. From a taxpayer stand point, preventing government fraud can save hundreds of billions of dollars.
Employee whistleblower recovery lawsuits can include a vast variety of types of fraud including Securities Fraud, IRS Tax Fraud, Investment Fraud, Medicare fraud, FEMA Fraud Claims, Road Construction Fraud, Overseas Government Contractor Fraud, Public Works Fraud, Government Contractor Fraud Claims, and Defense Contractor Fraud Claims. Numerous other types of fraud may also be eligible for an employee whistleblower recovery. Please feel free to contact Employee Whistleblower Recovery Lawyer Jason Coomer about a specific type of fraud or follow the below links for more information on several types of employee whistleblower lawsuits.
History of Whistleblowers Lawsuits, Government Fraud Lawsuits, and Qui Tam Lawsuits
Governments have long had trouble with unscrupulous government contractors defrauding the government by providing defective goods, over billing services, and seeking payment for goods and services never provided. The solution that many governments have created is to set up economic incentives for whistleblowers with inside information of fraudulent government contracts to blow the whistle on government contractors that are committing fraud.
Qui tam actions were used in the 13th century England as a way to enforce the King's laws. These actions have existed in the United States since colonial times, and were embraced by the first U.S. Congress as a way to enforce the laws when the new federal government had virtually no law enforcement officers.
During the Civil War, corrupt military contractors were defrauding the United States Army out of hundreds of thousands of dollars and putting troops at risk by supplying troops with defective products and faulty war equipment. Illegal price gouging was a common practice and the armed forces of the United States suffered. In response, Abraham Lincoln enacted the Federal Civil False Claims Act. A key provision of the act was known as qui tam.
This Act was weakened in 1943 during World War II while the government rushed to sign large military procurement contracts. However, it was strengthened again in 1986 after a long period of and increase in military spending as well as many stories of defense contractor price gouging and government waste.
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Award CFTC Lawyer
(Qui Tam Award & Employee Whistleblower Recovery Lawsuit Information)
Through Employee Whistleblower Recovery Lawsuits, Employee Qui Tam Recovery Lawsuits, and other Government Whistleblower Bounty Action Lawsuits, hundreds of billions of dollars will probably be recovered in the next decade from fraudulent government contractors, large corporations, billionaires, and multimillionaires that have fraudulently taken large amounts of money from the government and taxpayers.
It is extremely important that Employee Whistleblowers continue to expose fraudulent schemes, fraudulent billing practices, defective products, unsafe products, unnecessary treatments, underpayment of taxes, illegal offshore accounts, and other fraud that cost billions of dollars. If you have specialized knowledge of significant fraud and are interested in making an employee whistleblower recovery, receiving a large award for reporting fraud, or preventing a large corporation from getting away with fraud, please contactEmployee Whistleblower Recovery Lawyer Jason Coomer. As an Employee Whistleblower Recovery Lawyer and Whistleblower Reward Lawyer, he works with other powerful qui tam award lawyers that handle large whistleblower award cases. He works with San Antonio Employee Whistleblower Recovery Lawyers, Dallas Employee Whistleblower Recovery Lawyers, Houston Employee Whistleblower Award Lawyers, and other Texas Employee Whistleblower Recovery Lawyers as well as with Employee Whistleblower Recovery Lawyers throughout the nation to blow the whistle on fraud that hurts the United States and taxpayers.