The whistleblower, a former employee, alleged that the company was boosting bills that they were submitting to the U.S. government on their Chinook Helicopter program. They were citing that their employees were working on special modifications to the helicopters, when in reality they were only performing basic work on the models.

The government investigated these claims and determined that Boeing was deceiving the U.S. government dating back to 2005. The settlement was reached in December and the documents were unsealed on January 17, 2012. The whistleblower in the case stands to make $813,000 for his part in the discovery.

If you have information regarding fraud and would like to file a Qui Tam lawsuit, please contact the Qui Tam lawyers of Tycko & Zavareei LLP by calling 202-973-0900 today.

The securities fraud scheme began when the Colorado man, a former investment adviser, solicited clients claiming that he would keep their money safe while investing it. Instead, he used their money to pay off other investment deals or to invest it in hazardous schemes. He victimized more than 70 people, many of whom lost their entire life savings.

Each charge that the man was convicted of carries a 12-year prison sentence and a $750,000 fine. He will remain out on bond until his March 7 sentencing hearing.

If you have information pertaining to securities fraud, please contact the securities fraud lawyers of Tycko & Zavareei, LLP by calling 202-973-0900 today.

The scheme began in August 2007 and continued until December of that same year. The woman had convinced five separate students that she could help them obtain financial aid for college. She made the students, ranging in age from 17 to 23, sign documents that she said was for financial aid, but what they were actually signing were student loan forms.

At the end of the student loan fraud scheme, the woman had received more than $262,000 in student loan money on behalf of the students. This money was used to pay off state taxes that the woman owed from a previous tax fraud conviction and also for personal reasons. Besides the seven year prison sentence, she is now obligated to pay several fines, including $524,000 to the county.

If you have information pertaining to student loan fraud, please contact the federal student loan fraud lawyers of Tycko & Zavareei, LLP by calling 202-973-0900 today.

The second whistleblower lawsuit against the company was filed by a former pharmacist. It claims that Omnicare Inc. was charging the federal government and the state of Illinois more than it should have for medication. The whistleblower shows that the deception by the healthcare company could have cost the federal government millions of dollars.

The first lawsuit brought against the pharmaceutical company came back in 2010 when an auditor stated that Omnicare Inc. had filed for reimbursement claims without properly following guidelines and regulations of Medicaid Services.

Please contact the healthcare fraud lawyers of Tycko & Zavareei, LLP at 202-973-0900 if you or someone you know has information regarding healthcare fraud.

One financial adviser was charged by US regulators after attempting to sell $500 billion in fraudulent securities on the popular social media site, LinkedIn. The Securities and Exchange Commission, SEC, is putting a vast amount of effort into securities fraud on social media sites.

The SEC has called for anti-fraud systems to be updated to the modern times of the internet. Sites such as Facebook and Twitter make it very easy for potential scams to develop and firms are able to reach numerous individuals fairly easy.  Firms are required to keep each piece of information they post on these sites so that they can be evaluated for fraudulent activity.

If you have information regarding securities fraud, please contact the securities fraud lawyers of Tycko & Zavareei, LLP by calling 202-973-0900 today.

The whistleblower claimed that Amsersham Biosciences committed fraud when they relayed false information to the Medicare program between 2000 and 2003. The company was charged with diluting the agent as well as increasing the prices for the product.

The lawsuit has been settled and GE Healthcare has agreed to pay $30 million. The whistleblower who shed light on the fraud will receive $5 million for his part in the lawsuit.

If you have information regarding health care fraud and are interested in filing a Qui Tam lawsuit, please contact the health care fraud lawyers of Tycko & Zavareei, LLP by calling 202-973-0900 today.

In 2005, a former employee of IASIS Healthcare filed a qui tam lawsuit against the company. His claim was dismissed due to an actual claim not being present in the lawsuit against the healthcare company. He appealed the ruling and was given another chance to prove wrongdoing in the company, yet failed again.

The former employee agreed to withdraw his petition on November 30,2011 for a second appeal in the case, thus ending a six-year qui tam lawsuit. IASIS Healthcare was awarded all the sanctions they asked for in the case, excluding monetary sanctions due to the man’s inability to pay.

If you need assistance in regards to a qui tam lawsuit, please contact the Qui Tam lawyers of Tycko & Zavareei LLP by calling 202-973-0900 today.

This year in the United States there were 1,235 cases of health care fraud. Miami, Florida was the first in the nation for the number of Medicare fraud cases, followed by Houston, Texas. Those two cities combined accounted for one out of every five cases of health care fraud.

Government officials believe that health care fraud costs the government $70 billion annually.

If you have information regarding health care fraud and are interested in filing a Qui Tam lawsuit, please contact the health care fraud lawyers of Tycko & Zavareei, LLP by calling 202-973-0900 today.

According to documents, Genentech aggressively promoted Rituxan for off-label uses and taught their sales representatives how not to get caught by the FDA. This lawsuit is filed under Medicare fraud.

As part of the settlement, Genentech will not claim guilt in the case. The person who turned the company in, the whistleblower, will receive $5.7 million of the $20 million being paid to the government.

If you need assistance in regards to a Qui Tam lawsuit, please contact the Qui Tam lawyers of Tycko & Zavareei LLP by calling 202-973-0900 today.

The securities fraud scheme in question pertains to the illegal trading of pharmaceutical stock. The 46-year-old producer and his friend earned over $1 million by operating this scheme. They were aiming to pocket more than $2.6 million by the end of the securities fraud scheme.

Having collected the money illegally, Bennett could face up to 45 years in prison if he is convicted on the charges of securities fraud and conspiracy. The sentencing is scheduled for April 23.

If you have information regarding securities fraud, please contact the securities fraud lawyers of Tycko & Zavareei, LLP by calling 202-973-0900 today.