There are many federal, state, and even local laws designed to encourage individuals to “blow the whistle” and expose corrupt or fraudulent practices. For example, federal and state False Claims Acts allow individuals to file lawsuits directly against fraudulent contractors on behalf of the government. When those suits, sometimes known as qui tam actions, are successful, the whistleblower may receive a portion of the recovery that is awarded to the government. Successful false claim cases have been brought against government contractors for a variety of conduct, including fraudulent billing practices, overcharging, preparing false records, making false statements, or falsifying research results. Any conduct that intentionally causes a government to pay amounts that it does not owe for goods or services may be subject to a whistleblower suit under the False Claims Act.
There are other kinds of whistleblower laws, as well. The Securities and Exchange Commission (SEC) also has established a program that allows an individual who reports corrupt practices in the financial industry to receive an award from the SEC based on the recovery it makes against the violator. There is also an IRS whistleblower law that rewards individuals for exposing tax fraud. Under these programs, a whistleblower may be eligible to receive as much as 30% of the amount collected, even if the whistleblower participated in the wrongful conduct that he or she is reporting.
Because government contract fraud, tax fraud, and financial fraud typically involve significant amounts of money, the monetary rewards available to whistleblowers can be substantial. But the challenges of bringing a successful whistleblower suit are also great, as these kinds of cases are also often quite complex. Our firm is dedicated to providing the highest quality representation for individuals considering whether to report fraud on the government or violations of tax or securities laws. Our attorneys work diligently and discreetly to investigate and prosecute each case and to determine the best way to achieve the highest possible whistleblower award.
If you are aware of a fraud by a government contractor, tax fraud, or corrupt financial practices, please contact us. We can investigate your potential whistleblower claim and advise you about your rights under the applicable law.