{"id":3191,"date":"2023-01-06T10:03:25","date_gmt":"2023-01-06T15:03:25","guid":{"rendered":"https:\/\/fraudfighters-net-jcyz.usc1.mystaging.site\/?post_type=videos&p=3191"},"modified":"2023-07-07T10:14:13","modified_gmt":"2023-07-07T14:14:13","slug":"whistleblower-rewards-getting-paid-to-report-fraud","status":"publish","type":"videos","link":"https:\/\/www.fraudfighters.net\/zh-hans\/videos\/whistleblower-rewards-getting-paid-to-report-fraud\/","title":{"rendered":"Whistleblower Rewards: Getting Paid to Report Fraud"},"content":{"rendered":"

Video Transcript<\/h2>\n

Speaker:<\/strong> Tycko & Zavareei LLP Partner Jonathan Tycko<\/a><\/p>\n

Our whistleblower clients are often motivated not by money, but by a strong sense of right versus wrong, patriotism, and wanting to protect their fellow taxpayers from fraud. But in passing the False Claims Act<\/a>, Congress recognized that whistleblowers take professional and personal risks, and so the statute provides monetary rewards for successful qui tam whistleblowers.<\/p>\n

Does the Government Pay Monetary Rewards to Whistleblowers?<\/h2>\n

The government really does pay these rewards. The Department of Justice has paid more than $8 billion in rewards to qui tam whistleblowers and in recent years, has paid an annual average of almost $500 million. The reason these rewards are so high<\/a> is that the rewards are based on a percentage of the amount recovered for the government.<\/p>\n

How Much Payout Can a Whistleblower Get For Reporting Fraud?<\/h2>\n

In cases in which the Department of Justice intervenes, the range is between 15 and 25%. In cases that are related pursues after the department declines, that range goes up to 25 to 30% of the government’s recovery. So, for example, for every $10 million that you recover for the government, the False Claims Act requires that your reward be in the range of $1.5 million up to $3 million.<\/p>\n

Are You Ready to Blow the Whistle? Contact Tycko & Zavareei LLP<\/h2>\n

Whistleblowers play a crucial role in government enforcement efforts, and so the government is willing to pay handsomely for that help. Contact us<\/a> here at Tycko & Zavareei for a free and confidential evaluation<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

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