The False Claims Act, As Told By Whistleblowers Against Fraud

by Paula Hess

When it comes to fraud, it should be noted that there are methods set in place to protect individuals. These are needed in order to ensure that everyone is given a sense of fairness, regardless of how much he or she knows about the law itself. One of the many points to talk about, in my view, has got to be the False Claims Act. It is one of the most important and I am of the opinion that it is one which Whistleblowers Against Fraud can bring to anyone\'s attention.

In simplest terms, the False Claims Act is a law that was set in place for the purpose of holding those, involved in fraud, responsible for hose actions. As you can imagine, there are a number of fields where this has been integrated, including but not limited to government spending. The fact that the False Claims Act has been able to recover billions upon billions of dollars is another talking point that cannot go overlooked. Another point not to overlook is the origin of the act in question.

In 1863, President Abraham Lincoln made it a point to sponsor the False Claims Act in response to the actions conducted by government contractors. These were related to fraud, as you can imagine, and Lincoln was able to bring them to the forefront. Because of this, the False Claims Act is also known as \"Lincoln\'s Law,\" which is understandable when given his influence on the matter. Since then, the act has grown and Whistleblowers Against Fraud will be able to say the same.

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 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.

About the Author:
For All of your GOING PUBLIC needs visit our sister site Artfield Investments RD Inc. (www.ArtfieldInvestmentsRDinc.info)

This entry was posted in Business and tagged . Bookmark the permalink.

Leave a Reply