Financial Fraud
The U.S. government conducts business with many private companies and individuals, for a host of reasons. Billions of dollars expended by the Federal Housing Administration, FEMA, the Trouble Asset Recovery Program (“TARP”) and other government agencies are all subject recovery under the False Claims Act.
When transacting with the government there are often many different factors, including regulatory, environmental and other contractual considerations. The possibilities for fraud on the government are as diverse as the government’s various activities in which it engages.
Major categories of financial fraud are:
Major categories of financial fraud are:
Examples of financial fraud perpetrated on the government, which can be recovered under the False Claims Act, include, but are certainly not limited to:
- Mortgage origination fraud on federally insured mortgages;
- FEMA fraud, for services not provided, or provided in a substandard manner;
- Contract fraud in negotiating government contracts;
- Government grant fraud for research and education programs;
- Environmental programs funded by the government and not executed in compliance with appropriate laws & regulations;
- Fraud in bidding on licenses for telecommunications and other related government services; and
- Misrepresentations in connection with municipal securities transactions
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If you have first-hand knowledge of a major financial fraud on the U.S. government, Whistleblowers Against Fraud can help you Maximize Your Whistleblower Reward. Contact us to Blow the Whistle on fraud and receive a free strategic assessment of your whistleblower information.
