Uncle Sam

  • Whistleblower Suit Against Quicken Loans Proceeds

    … and Freddie Mac provide the bulk of the insurance for residential mortgages. Because Quicken doesn’t keep the loan, the money they make is from the commission. When the loan is sold, they make their commission. If the loan later defaults, Uncle Sam and the Federal Housing Administration is on the hook, not Quicken. (That means taxpayers!) Quicken…

    Due Diligence- 19 readers -
  • United Airlines Gets Millions of Gov’t $$$ – Aviation Whistleblower Post

    … Act and Whistleblower Awards When the False Claims Act was passed in the 1863, the Wright Brothers, Orville and Wilbur, were still a few years away from being born. We did not have aircraft during the U.S. Civil War but that didn’t stop contractors from ripping off the Union Army. Back then it was wagons having wheels that fell off and donkeys too…

    Due Diligence- 14 readers -
  • When Whistleblowers Do Things “Their Way”

    … stiffing Uncle Sam. Unfortunately, he didn’t have proof. Under the Act, whistleblowers qualify for an award if they have inside information. The information must relate to fraud involving government funds or programs. Usually, one also must be the first to file. With the right lawyer and information, these cases do a tremendous good for society…

    Due Diligence- 18 readers -
  • Oil Royalty Payments Scam? – Could Be a Great Whistleblower Claim!

    … – turned – heroes, filed a lawsuit claiming that Royal Dutch Shell was cheating Uncle Sam. When we say cheating Uncle Sam, we mean cheating taxpayers as well. Every company that leases land or mineral rights from the government is required to submit certain reports. Where would the government be without forms? To calculate oil royalty payments…

    Due Diligence- 20 readers -
  • Does Universal Health Services Kidnap Patients?

    …, and chemical restraints, bad patient care, medication theft, you name it. The entire industry has very little oversight…” We are shocked by the allegations but have heard similar stories before. Private psychiatric hospitals make their money by filling up beds. As long as Uncle Sam or a private insurance plan is paying for a patient’s stay…

    Due Diligence- 12 readers -
  • Red State, Blue State – Construction Whistleblowers Can Rejoice

    … prosecuted cases where businesses misuse a DBE (“disadvantaged business enterprise”) designation. When billions of dollars are involved, fraudsters can be quite resourceful in coming up with new ways to cheat taxpayers and Uncle Sam. We believe that whistleblowers are the new American heroes. With billions of new transportation spending on the horizon…

    Due Diligence- 17 readers -
  • BB&T Pays $83 Million Settles Mortgage False Claims Act Beef

    … the bank. HUD requires robust quality control monitoring and self-reporting. If you are going to issue taxpayer insured loans, Uncle Sam wants to make sure you continuously and careful monitor those loans and quickly report problems BB&T’s quality control department requested staff to comply with the monitoring requirements but was ignored for years…

    Due Diligence- 17 readers -
  • Benistar Founder in Jail – Finally (419 Plans Post)

    … is true with so-called 419 plans (also known as welfare benefit plans). The subject of this post, Daniel Carpenter, is at the center of both. The “1031” in 1031 exchanges and the “419” in 419 plans refer to sections of the IRS Code. The shadowy Carpenter can be found involved with both schemes. Carpenter has been linked to a number of products…

    Due Diligence- 15 readers -
  • Arab Company Tries to Dodge Whistleblower Suit

    … Trying to sue a company that claims it is based in Kuwait is no easy task. Whistleblower Kamal Mustafa Al-Sultan, himself a Kuwaiti, is learning that lesson after suing Public Warehousing Co KSC in Georgia. The suit has been dragging on since 2005 but now Uncle Sam is jumping in and telling a court that Public Warehousing should stop dragging its…

    Due Diligence- 13 readers -
  • Cyberhacking I Cybersecurity Whistleblower Awards

    …. An investigation revealed that the firm was hacked in 2013, probably from China. The SEC cited the company for not having data encryption or firewalls. RT Jones had 8400 clients. In announcing the fine, the SEC said, “Firms must adopt written policies to protect their clients’ private information and they need to anticipate potential cybersecurity events…

    Due Diligence- 9 readers -
  • Counterfeit Parts and Whistleblower Awards

    …). The new safe harbor rules now only apply to counterfeit electronic parts however. Whistleblowers Who Report Counterfeit Parts Eligible for Awards Under current rules, anyone in the supply chain who provides counterfeit, imitation or used parts marked as new can be prosecuted under the federal False Claims Act. It doesn’t matter whether the imitation…

    Due Diligence- 10 readers -
  • Whistleblower Helps Feds Nab Medicare Fraud Suspect

    …. Unfortunately, home care services are often rife with fraud. Gumila’s company served the metropolitan Chicago area. Authorities have identified Chicago, Miami, Detroit, Philadelphia, Houston and New Orleans as being particular hotspots of home healthcare fraud. Medicare pays for home healthcare services but only if a physician finds the patient…

    Due Diligence- 39 readers -
  • Whistleblower Awards for Banks That Hide Fraud Losses

    … the loss over several days. For example, if a bank fraudulently spreads a $1 million hacking loss over a week, Uncle Sam never finds out. FIRREA and Whistleblower Awards In the aftermath of the savings and loan scandal, Congress passed the Financial Institution Reform, Recovery and Enforcement Act of 1989 – FIRREA for short. FIRREA contains many…

    Due Diligence- 16 readers -
  • BREAKING: Supreme Court Hears Implied Certification Whistleblower Case

    … submitted a “false claim” for payment to the government. When a vendor asks for payment from Uncle Sam, the government assumes that the vendor has delivered the goods or services required by the contract. We naturally assume that the vendor is abiding by all regulations. The implied certification theory says that by billing taxpayers, a company…

    Due Diligence- 20 readers -
  • When in Doubt, Sue! (“Panama Papers”)

    … thought they could beat Uncle Sam and save a few bucks. It’s also about whistleblowers who are coming forward in record numbers (and getting paid for their information). As whistleblower lawyers, we expect the Panama papers will cause more individual bankers to come forward and seek an award. Already our whistleblower clients have received over…

    Due Diligence- 12 readers -
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