Saturday, September 13, 2014

Whistleblowers Against Fraud: What Does The False Claims Act Entail?

By Paula Hess


No one can deny the fact that fraud is a serious matter to contend with. Not everyone knows as much about the law as they probably should, which means that there is a heightened need for protection for individuals who may not be nearly as familiar with this. There are many aspects to keep in mind, as far as this is concerned, and one of them has to be the False Claims Act. Here are just a few of the many talking points which Whistleblowers Against Fraud can tell you about.

The False Claims Act was designed to place liability on certain entities that have been directly involved in cases of fraud. If you want to talk about the cases associated with the act in question, these can range from anything from medical situations to government spending. Whatever the case may be, the False Claims Act has been put in place and the fact that it has been able to recover billions of dollars cannot be overlooked. The question may be asked, though, "When did this act come about?"

The False Claims Act, back in 1863, was brought to the forefront by President Abraham Lincoln. What the act in question was designed to do, during this time, was respond to government contractors that might have been linked to fraud in some way or another. Because of the impact that Lincoln had on the matter, the act in question was given the alternative name of "Lincoln's Law." After that, the act has been brought into effect by a number of companies, Whistleblowers Against Fraud included.

It should be understandable as to why authorities the likes of W.A.F. have been able to utilize the False Claims Act. Whistleblowers Against Fraud, for those who may not be familiar with this point, can grant rewards between 15 and 30 percent of the government's recovery with the utilization of the False Claims Act. It's a strong fact to look at and I am sure that others can agree. The law in question has expanded to such a degree that there are so many details that only the most learned of professionals can recognize.

With the right amount of research, I have to believe that more attention can be brought to the False Claims Act in the long term. This piece has only gone over some of the smallest bullet points associated with the topic at hand. What if you are the victim of fraud and you want to be able to handle it in the best of ways? You're going to want to consult a specialist and you can be certain that he or she will be able to work with the False Claims Act in mind.




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