Fraud is a serious matter, to say the least, but there are methods set in place for the purpose of protecting us. After all, not everyone knows as much about law as the proper authorities, so it's comforting to know that we aren't without help. One of the best illustrations of this, in my view, has got to be the False Claims Act. For those who may not be as familiar with what this entails, I am sure that Whistleblowers Against Fraud can give you a rundown on the matter.
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?"
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.
It should be understandable as to why authorities the likes of W.A.F. have been able to utilize the False Claims Act. Whistleblowers Against Fraud, for those who may not be familiar with this point, can grant rewards between 15 and 30 percent of the government's recovery with the utilization of the False Claims Act. It's a strong fact to look at and I am sure that others can agree. The law in question has expanded to such a degree that there are so many details that only the most learned of professionals can recognize.
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.
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?"
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.
It should be understandable as to why authorities the likes of W.A.F. have been able to utilize the False Claims Act. Whistleblowers Against Fraud, for those who may not be familiar with this point, can grant rewards between 15 and 30 percent of the government's recovery with the utilization of the False Claims Act. It's a strong fact to look at and I am sure that others can agree. The law in question has expanded to such a degree that there are so many details that only the most learned of professionals can recognize.
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.
About the Author:
To become knowledgeable of more regarding the False Claims Act, as well as other legal subjects, consult Whistleblowers Against Fraud today.. Also published at The False Claims Act, As Told By Whistleblowers Against Fraud.
0 comments:
Post a Comment