As was evident from our recent posts on the 2024 Top 10 False Claims Act Recoveries and Top 10 False Claims Act Recoveries In Healthcare, the majority of False Claims Act recoveries routinely involve healthcare fraud. In fact, since 1986 — when the statute was amended to significantly increase the [...]
The Securities and Exchange Commission (SEC) swooped in once again to investigate Anti-Money Laundering violations in companies that think they’re being slick. On January 17, the SEC announced several charges against the broker-dealer and investment adviser, LPL Financial LLC, for failures associated with its AML program. To resolve the SEC’s [...]
As we noted in our Top 10 False Claims Act Recoveries post, it was another big year of recoveries under the False Claims Act. As usual, the majority of recoveries occurred in cases involving healthcare fraud. As the Department of Justice (DOJ) just reported in its annual roundup of False [...]
The Indiana-based Community Health Network (“Community”) will pay an additional $135 million to resolve a False Claims Act case involving Stark Law violations initiated by a whistleblower Constantine Cannon represented. The $135 million settlement marks the final resolution of a 2014 False Claims Act case brought by whistleblower Thomas P. [...]
The government has already ramped up its efforts in 2025 to tackle cryptocurrency fraud and associated money laundering schemes with several recent enforcement actions. Cybercriminals exploit digital currency investment hopefuls. Their scams come in myriad forms such as ransomware attacks and virtual currency thefts, and the criminals use complex tactics [...]
It was another big year of recoveries under the False Claims Act, the government’s primary enforcement tool to combat fraud. And as usual, whistleblowers paved the way by originating the bulk of the actions that led to these recoveries. As the Department of Justice (DOJ) just reported in its annual [...]
Legal and Regulatory Developments SPOTLIGHT: Buy Now, Pay Later Users Pile on Debt, CFPB Finds Payments Dive – January 14, 2025 Nearly two-thirds of consumers in the U.S. who lean on buy now, pay later transactions to pay for goods and services take out multiple BNPL loans at once, the [...]
The Department of Justice (DOJ) just released its False Claims Act results for the fiscal year ending September 30, 2024. By all accounts, it has been another banner year for whistleblowers and the government in their efforts to combat fraud and recover pilfered taxpayer dollars. First, the overarching numbers for [...]
“The False Claims Act is so important… I would defend the constitutionality… of the False Claims Act.” On January 15, 2025, Attorney General nominee Pam Bondi attended her Senate confirmation hearing and answered questions from Senator Chuck Grassley, who has demonstrated unwavering support for the False Claims Act. In response [...]
A key part of the job for whistleblower lawyers and government enforcers is fitting new facts to existing precedent. Despite fraudsters deploying what appear to be new and innovative ways to illicitly obtain government or investor funds, the crux of the scheme is often the same decade after decade. As [...]