Whistleblower Reward Lawyer Helps Clients Expose Securities and Commodities Fraud, FCPA Violations, and Fraud Against the U.S. Government

Whistleblower Reward Laws offer large financial rewards to individuals with original information of signficant illegal conduct including Medicare fraud, Medicaid fraud, securities fraud, commodity fraud, and money laundering. More specifically, the United States and several states use whistleblower reward laws to regulate the financial markets, government contracts, healthcare (Medicare and Medicaid), and several other parts of our economy. These laws offer large rewards to professionals and employees with specialized knowledge of specific types of illegal conduct committed by large corporations. Healthcare professionals, financial services professionals, auditors, business owners, and investors all commonly have such specialized knowledge and can qualify for large financial rewards. If you are a person with specialized knowledge of significant fraud, illegal conduct, and/or corrupt practices, please feel free to contact Whistleblower Reward Lawyer Jason Coomer via e-mail message or use our submission form.

Texas Whistleblower Reward Lawyer
Texas Whistleblower Reward Lawyer Helps Healtcare Professionals, Financial Services Professionals, Auditors, Compliance Officers and Other Individuals Understand Whistleblower Reward Laws and Collect Whistleblower Rewards by Exposing Illegal Conduct.

Below are some helpful FAQs regarding Whistleblower Reward Laws and Whistleblower Protections under these laws:

Q1: What are Whistleblower Reward Laws?
A1: Whistleblower Reward Laws offer large financial rewards and whistleblower protections to private citizens who properly expose illegal conduct. These laws include the Federal False Claims Act, SEC Whistleblower Reward Laws, CFTC Whistleblower Reward Laws, Foreign Corrupt Practices Act Reward Laws, and several state whistleblower reward laws. Further, these laws pay large financial rewards to individuals with original information of significant healthcare fraud, violations of securities and commodity laws, and other illegal conduct. Each whistleblower reward law provides different protections and offers different rewards to whistleblowers. As such, it is important to understand which law may apply to a particular type of illegal conduct and how to properly report the conduct. Many of these laws pay extremely large whistleblower rewards to whistleblowers who expose significant illegal conduct.

Q2: How much do Whistleblower Reward Laws pay to whistleblowers?
A2: Most whistleblower reward laws determine the size of a whistleblower reward as a percentage of the amount recovered by the governmental entity. For example, the United States government recovers about $3 billion each year through the Federal False Claims Act. This reward laws pays whistleblowers between 15% to 30% of the fees that have been recovered. Thus through this law, the United States typically pays whistleblowers between $200 million and $700 million each year. Further, the SEC and CFTC also have whistleblower reward laws that are relatively new, but these reward laws have also paid whistleblowers over $500 million. With the huge increase in government spending in 2020 as well as significant market flucuations, it is expected that whistleblower rewards after 2020 will be signficantly higher. There are also several other federal and state whistleblower rewards that also pay large rewards to successful whistlblowers.

Q3: What Whistleblower Protections protect professionals and employees from retaliation?
A3: Several whistleblower reward laws include significant whistleblower protections designed to protect professionals and employees from retaliation. Some of the strongest whistleblower protections are in the SEC and CFTC Whistleblower Reward Laws. These laws allow financial professionals to anonymously report illegal conduct and collect rewards. More specifically, financial professionals who report securities fraud, market manipulation schemes, money laundering, and other illegal conduct through a lawyer can remain anonymous and collect large financial rewards. Other whistleblower reward laws offer other specific protections to protect whistleblowers. These additional whistleblower protections protect professionals and employees from retaliation and provide remedies to any employees or professionals who are illegally terminated for properly exposing illegal conduct. Any professional or employee who is considering exposing illegal conduct should review the specific whistleblower reward laws that may apply to their case. It is also a good idea to discuss the whistleblower reward law and potential whistleblower protections with a Whistleblower Reward Lawyer.

Q4: What types of illegal conduct qualify for rewards through Whistleblower Reward Laws?
A4: Several types of illegal conduct can be the basis for a recovery through Whistleblower Reward Laws. More specifically, the most common whistleblower reward cases are under the Federal False Claims Act. Under this law healthcare fraud against Medicare, Medicaid, Tricare, and other government benefits are extremely common. Further, government contractor fraud including defense contractor fraud, procurement fraud, and HUD fraud also can be the basis for recoveries. Additionally, stimulus fraud can also be the basis of Federal False Claims Act rewards. Additionally, SEC Whistleblower Reward Laws and CFTC Whistleblower Rewards offer large rewards for specific types of financial fraud and illegal activity in the financial markets. More specifically, these agencies offer large financial rewards to whistleblowers who expose violations of the Securities Exchange Act, Commodity Exchange Act, Foreign Corrupt Practices Act, and Bank Secrecy Act. These violations include market manipulation schemes, insider trade schemes, money laundering schemes, bribery schemes, corrupt practices, and accounting fraud. There are also several other whistleblower reward laws that apply to many other types of illegal conduct. For most of these reward laws, the illegal conduct must result in at least $1 million recovered by the government to qualify for a reward. Further, most of these whistleblower reward laws require that the whistleblower must have original information of the illegal act. Some laws do allow the whistleblower to have done an independent analysis based on expertise to qualify for a financial reward

Health Care Fraud Whistleblowers including Medicaid Fraud Whistleblowers and Medicare Fraud Whistleblowers Have Helped The Federal and State Governments Recover Billions of Dollars and Have Received Large Financial Rewards For Exposing Health Care Fraud

Health Care Whistleblower Reward Lawsuits are the most effective method for identifying and preventing large scale health care fraud against the government. As such, the United States and several states have enacted health care whistleblower reward laws that harness the power of economic incentives by offering large monetary rewards to whistleblowers that properly report significant fraud. As a health care whistleblower reward lawyer, Jason Coomer works with whistleblowers to confidentially gather information regarding several different types of health care whistleblower rewards including Medicare fraud whistleblower reward lawsuits and Medicaid fraud whistleblower reward lawsuits.

For more information on this area of law, please go to the following web page: Health Care Fraud Whistleblower Reward Lawyer Helps Heath Care Professional Whistleblowers Recover Rewards For Exposing Medicare Fraud, Medicaid Fraud and other Public Health Care Fraud.

Procurement Fraud Whistleblowers, Government Contractor Fraud Whistleblowers, and Defense Contractor False Certification Whistleblowers With Original Evidence of Procurement Fraud, Defense Contractor Fraud, or Other Government Contractor Fraud Can File Qui Tam Government Contractor Fraud Whistleblower Lawsuits and Receive Large Rewards

Whistleblower Reward Lawsuits also include Qui Tam Procurement Fraud Whistleblower Reward Lawsuits and Qui Tam Government Contractor Fraud Whistleblower Reward Lawsuits. These qui tam government contractor fraud lawsuits were used during the Civil War against defense contractors and war profiteers that were defrauding the United States Government. To learn more about qui tam government contractor whistleblower reward lawsuits and procurement fraud whistleblower reward lawsuits, please go to the following web pages:

SEC Whistleblower Reward Actions and CFTC Whistleblower Reward Actions Are Some of The Newest Forms of Whistleblower Reward Lawsuits And Were Created to Indentify Illegal Conduct in the Global Financial Markets: SEC Securities Fraud Whistleblowers and CFTC Commodities Fraud Whistleblowers Can Receive Large Rewards by Anonymously Exposing Illegal Conduct

With the success of the Federal False Claims Act and several state false claims act, the United States has enacted new Bounty Action Laws to expose investment fraud, commodities fraud, and securities fraud. These Bounty Action Whistleblower Reward Laws are section 21F of the Securities Exchange Act (SEC Whistleblower Bounty Actions), and section 23 of the Commodity Exchange Act (CFTC Whisteblower Bounty Actions). These laws were passed in the wake of Financial Market Melt Down in 2008 and in response to massive fraud in the financial markets. These whistleblower recovery laws are designed to encourage people with specialized knowledge of significant investment fraud, securities fraud, SEC violations, commodity futures fraud, violations of the foreign corrupt practices act, and other financial fraud. These whistleblower reward laws were designed to protect whistleblowers that step up and blow the whistle on financial fraud.

As a SEC Whistleblower Reward Lawyer and CFTC Whistleblower Reward Lawyer, Jason Coomer works with CFTC whistleblowers and SEC whistleblowers to confidentially gather information regarding several different types of financial fraud and investment fraud can be the basis for these bounty actions. For more information on SEC Whistleblower Reward Bounty Actions and CFTC Whistleblower Reward Bounty Actions, please feel to go to the following web pages:

Foreign Corrupt Practices Act Whistleblowers

The Foreign Corrupt Practices Act and the new SEC Whistleblower Incentive Program work together to reward whistleblowers with original and specialized knowledge and evidence of international business corporate bribery and illegal kickbacks. These new international business whistleblower reward laws are part of a worldwide movement to expose and punish government corruption such as contract bribes, illegal kickbacks, and large scale international fraud. These Foreign Corrupt Practices Act should help prevent government corruption in many countries including Russia, China, Mexico, and Brazil.

As a IRS Tax Fraud Whistleblower Reward Lawyer, Jason S. Coomer Represents IRS Fraud Whistleblowers that Want to Expose Corporate Tax Fraud and Illegal Offshore Account Whistleblower Tax Fraud

IRS tax fraud whistleblower lawyer, Jason S. Coomer, works with corporate tax fraud whistleblowers, IRS tax fraud whistleblowers, and other tax fraud whistleblowers that are stepping up and blowing the whistle on IRS tax fraud, corporate tax fraud, IRS code violations, and other forms of tax fraud.

The IRS Tax Fraud whistleblower reward law is IRS Tax Fraud Whistleblower Reward Program under section 406 of the Internal Revenue Code. This whistleblower recovery law includes significant economic incentives and protections for whistleblowers to encourage people with specialized knowledge of significant tax fraud to step forward and report the fraud. These protections if used properly can protect whistleblowers from retaliation and allow whistleblowers to recover large amounts of money for being the first to properly report significant tax fraud.

For more information on IRS Tax Fraud, please go to the following web pages:

Employee Whistleblower Recovery Lawyer, Employee Whistleblower Recovery False Claims Act Lawyer, Employee Whistleblower IRS Reward Lawyer, Employee Whistleblower SEC Bounty Action Lawyer, and Employee Whistleblower Recovery CFTC Lawyer (Qui Tam Award and Employee Whistleblower Recovery Lawsuit Information)

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. For more information on Employee Whistleblower Laws, please go to the following web page, Employee Whistleblower Award and Recovery Lawsuits.

Qui Tam Actions and Bounty Actions Create Economic Incentives through Whistleblower Recovery Law that are Extremely Effective in Exposing and Preventing Fraud Against the Government as well as other Unlawful Conduct.

Offering large financial awards and economic incentives to persons with knowledge of crimes and criminals including offering whistleblower rewards and whistleblower bounties have been an extremely effective method of identifying unlawful conduct, crimes, and criminals. When the government offers the economic reward to private citizens for exposing fraud against the government, such actions are called "qui tam actions". In these actions, the plaintiff is suing on their own behalf as well for the government and taxpayers.

The 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 economic benefit as well as patriotic duty, personal ill will, and/or strong personal ethics.

The strong public policy behind creating an financial reward 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 Medicare fraud, Medicaid fraud, defense contractor fraud, investment fraud, foreign business fraud, tax fraud, or significant fraud that has been committed. Congress has made it clear that creating these financial incentives 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 whistleblower reward provisions of the False Claims Act as well as the IRS whistleblower reward, SEC whistleblower reward, and CFTC whistleblower reward bounty actions is to set up incentives to supplement government regulation and enforcement by encouraging whistleblowers with specialized knowledge of significant fraudulent schemes against the government and the public to blow the whistle on the fraudulent and criminal acts.

The more recent enactment of the financial fraud whistleblower reward laws are response to large scale fraud that almost collapsed the world financial markets. These new bounty actions work under the same premise as extremely successful qui tam whisleblower reward laws. By encouraging private citizens with specialized knowledge of financial fraud, the government is seeking to deter investment fraud, securities fraud, SEC violations, retirement fund fraud, corporate malfeasance, violations of the foreign corrupt practices act, and other forms of financial fraud by offering rewards or bounties to persons that properly expose this fraud.

For more information on whistleblower reward lawsuits, please go to the following web page on Whistleblower Recovery 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.

Qui Tam Whistleblower Reward Lawsuits and Whistleblower Reward Lawsuits from Medicare Whistleblower Reward Lawyer, Medicaid Whistleblower Reward False Claims Act Lawyer, Defense Contractor Fraud Whistleblower Reward Lawyer, Whistleblower Reward SEC Bounty Action Lawyer, and Whistleblower Reward CFTC Lawyer

Under Federal law, whistleblower recoveries can come through four different whistleblower recovery laws. The Federal False Claims Act is the oldest of the laws and under this law the Federal Government has brought in approximately $30 Billion. Under this law successful whistleblowers have been awarded over $3 Billion and these whistleblower rewards are expected to continue to expand as many states are enacting their own false claims act laws. The Federal False Claims Act was recently amended by the Federal Enforcement and Recovery Act (FERA) including expanding the reach of the Federal False Claims Act to include subcontractors working under a government contractor and other parties working with government contractors. The Federal False Claims Act was also expanded protection for employee whistleblowers. States have also been encouraged through economic incentives to enact their own Medicaid False Claims Act whistleblower recovery laws. These state whistleblower recovery laws must be at least as strong as the Federal False Claims Act whistleblower reward laws for the state to receive the increased economic benefits from the Federal Medicaid Fraud Recovery Program.

Qui Tam Whistleblower Reward Lawsuits and Bounty Action Whistleblower Reward Lawsuits by Qui Tam Whistleblower Reward Lawyer, Federal False Claims Act Lawyer, and Bounty Action Whistleblower Reward Lawyer

Through Qui Tam Whistleblower Reward Lawsuits billions of dollars have 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 corruption 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 Qui Tam Whistleblower Reward Lawyer and Bounty Action Whistleblower Reward Lawyer Jason Coomer. As a Texas Whistle Blower Lawyer, he works with other powerful qui tam lawyers that handle large Government Fraud cases. He works with San Antonio Whistleblower Lawyers, Dallas Whistleblower Lawyers, Houston Government Fraud Lawyers, and other Texas Whistleblower Lawyers as well as with Whistleblower Lawyers throughout the nation to blow the whistle on fraud that hurts the United States and taxpayers.

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