Expanded Connecticut State False Claims Act is Win for Whistleblowers
Posted 07/7/23
Whistleblowers take note: the Connecticut State False Claims Act (CT FCA) has been significantly expanded beyond healthcare fraud claims. Historically, the CT FCA was limited to fraud on Medicaid and other programs within health and human services. The amended statute now reaches fraud across a variety of sectors, such as government contracting, education, employment, immigration, housing, mortgage and insurance...
As States Look to Expand Health Coverage, State FCAs Become More Important than Ever
Posted 03/22/23
The increasing burden of healthcare costs has state governments looking at new programs to expand government healthcare options for their residents. Such an expansion of government spending will require a corresponding expansion of efforts to root out fraud, waste, and abuse that steals taxpayer dollars and reduces the benefits available. Existing anti-fraud measures, including state False Claims Acts, will play a...
State and local governments play a critical role in ensuring that businesses and individuals are held accountable if they commit healthcare fraud, financial fraud, government contract fraud, and more. For whistleblowers, state governments can offer additional opportunities to report wrongdoing.
Where government funds are at stake – and state and local government spending reaching $3 trillion annually – more...
Crypto projects are toying with public funds. The False Claims Act will be a powerful tool in holding them to account
Posted 09/21/22
Last month, the Fairfax County Retirement System shared that they will be putting $70 million of their $6.8 billion fund into two crypto yield farming funds. In other words, pension money that allows teachers, firefighters, and police officers to retire will be invested into volatile digital tokens known as yield-farming projects.
Yield-farming projects offer yields that are significantly higher than those...
Our top tax recoveries for 2021 total over $7 billion, an impressive number that is due largely to just one of our top ten tax recoveries. Tax evaders were creative last year, utilizing offshore banking, good old tax fraud, and forum shopping for an accounting opinion that fits—all with the intention of cheating the IRS and, in return, the taxpaying public. IRS Criminal Investigation flexed its muscles and went...
2021 was another banner year for whistleblowers, who once again collectively recovered billions of dollars for the government and hundreds of millions of dollars in whistleblower rewards under the various government whistleblower programs. This includes awards under the qui tam provisions of the federal False Claims Act and various state False Claims Act programs. It includes awards under the Dodd-Frank SEC...
Catch of the Week: Private Equity Firm and Former Executives of a Mental Health Center Reach $25 Million Medicaid Settlement
Posted 10/15/21
In recent years there has been a proliferation of private equity firms taking oversight of healthcare entities. These private equity firms have increased their exposure to False Claims Act liability by playing active roles in the operation of healthcare entities, and multiple settlements have been reached over the last two years (on kickbacks and promotion of unapproved use of drug-device systems on pediatric...
This week brought not one but two newly announced False Claims Act (FCA) settlements with companies in the energy sector: (1) Oklahoma-based energy company Devon Energy Coporationsettled claims it underpaid royalties for natural resources, and (2) National Grid, a utility company in New York settled claims it falsified reports to a local power authority to cover up mismanagement and wasted State electricity. The two...