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?”
Abraham Lincoln made it a point to sponsor the False Claims Act, back in 1863, during his presidency. This was done mostly in response to the actions that were undertaken by government contractors, many of them closely related to the fraud that was occurring during that time. As an aside, did you know that the False Claims Act has also been given the name of, “Lincoln’s Law?” Seeing as how he was rather influential on the matter, during this time, it’s easy to see why this moniker was given and why Whistleblowers Against Fraud has focused on it.
In fact, you can be certain that authorities like W.A.F. have been able to utilize this in the past. In fact, it should be noted that Whistleblowers Against Fraud can actually recover any given reward within the range of 15 to 30% of the government’s recovery. It’s an interesting point to make and I believe it shows just how far the False Claims Act has come since the late 1800s. There is so much detail that goes into the act in question. As a result, only those who are knowledgeable about fraud can tell you about its extent.
With all of these points in mind, maybe you’d like to look further into the False Claims Act. This piece has only touched the tip of that particular iceberg, which says a lot considering that fraud is one of the deepest subjects that anyone can get into. In order for it to be approached with the clearest mindset, I have to believe that the False Claims Act has to be kept in mind during the long term. Fraud can be a troubling instance but the right information can help to alleviate any of the stress on the matter.
To become knowledgeable of more regarding the False Claims Act, as well as other legal topics, consult Whistleblowers Against Fraud today.. This article, Whistleblowers Against Fraud & Evaluating The False Claims Act is released under a creative commons attribution license.
