A former project manager for Science Applications International was awarded $1.8 million for exposing a massive overbilling scheme according to an AP story carried in the Ventura County Star. Prosecutors claimed the company over charged the government for homeland security training programs. Science Applications is a Virginia based defense contractor that employs over 40,000 people […]
Buy America Act – Chinese Steel – Whistleblower Post
During the height of the Great Depression, President Roosevelt and Congress passed a number of measures designed to spur the national economy. Part of Washington’s “New Deal” package was the Buy American Act; a law that required the federal government to prefer American made goods in its purchases. Later, the Buy American law was supplemented […]
89 Year Old Millionaire Heads To Prison For Inheritance Fraud
Anthony Marshall, age 89, will soon be the oldest person in New York to start serving a prison sentence for a nonviolent felony. His crime? Marshall was convicted of stealing money from his mother’s estate while she suffered dementia. The mother, famed New York philanthropist Brooke Astor, died at the age of 105. Marshall’s age […]
TIC Awards Still Haunt Brokerage Firms
Claims for failed Tenants in Common (TIC) investments still haunt stockbrokers and investment advisers according to a story in InvestmentNews. According to the report published on Friday, arbitration awards continue to be made against broker dealers. TICs were a popular investment vehicle several years ago. An IRS ruling allowed individuals to pool their monies and […]
Whistleblower Law Used To Prosecute Section 8 Housing Fraud
Over 3 million households rely on HUD’s Section 8 rent subsidy program. The law was designed to insure that low income families have access to safe, decent and sanitary housing. Landlords receive a subsidy from the the government and agree to charge those eligible for the program a below market rental rate. Unfortunately, some landlords […]
LPL Broker Charged With Securities Fraud
Less than 24 hours ago we wrote a story about securities fraud and the need for brokerage firms to protect clients against advisers who rip off clients by “selling away.” Today the SEC announced it charged a former LPL Financial stockbroker, Blake Richards, with securities fraud after accusing him of stealing $2 million in client […]
Will Contests – What Works And What Doesn't
Recently we received several calls about will contests – that is what happens when someone wishes to challenge the beneficiaries of an estate. It is a legal proceeding usually brought by a beneficiary or someone who feels they should have been a beneficiary. There are generally only a few grounds to challenge a will or […]
Nationstar Mortgage Halted Foreclosure Proceedings in 23 States – Foreclosure Fraud
[with 2021 updates] In the latest foreclosure fraud scandal to come to light, Nationstar Financial admitted that it halted foreclosure proceedings in 23 states after receiving multiple complaints from state authorities. The admission came to light in documents filed with the SEC. This admission comes at a time when Nationstar is trying to raise $1.4 […]
Fake Drugs Represent New Whistleblower Opportunity
Fake and gray market pharmaceuticals represent a growing problem in the United States. Medical providers pressed by mounting costs sometimes resort to purchasing drugs manufactured in Turkey, India and other foreign countries. Unless produced in an FDA inspected facility, there is no way to insure those drugs are safe or even contain the prescribed amount […]
Lance Armstrong Named In Whistleblower Suit
by Brian Mahany Almost 2 years ago, Floyd Landis filed a false claims act (whistleblower) suit against teammate Lance Armstrong. That complaint remained under seal for over two years while the government investigated. Several weeks ago, the government intervened and adopted the action against Armstrong. The government seeks return of some $17 million in sponsorship […]
- « Previous Page
- 1
- 2
- 3
- 4
- …
- 9
- Next Page »