Do You Have Knowledge of a Company in the Financial Industry Committing Financial Fraud in Government Programs or with Government Funds?
Our Attorneys Help Financial Industry Employees Report Financial Fraud and Claim Possible Reporting Awards
The U.S. Government depends on financial institution employees to report information of fraudulent activity involving government funds. Bank, mortgage company and other employees, agents, advisors and branch managers of financial firms with evidence of fraudulent behavior are crucial in exposing financial fraud and reclaiming misused taxpayer funds. The False Claims Act provides a significant cash incentive (up to 30% of recovered funds) for individuals who are the first to report financial fraud.
False claim damages involving the financial industry can enter the billion dollar range and come with particularly lucrative whistleblower awards. In America’s largest financial fraud whistleblower case, Attorney Brian Mahany helped the government recover $16.6 billion in lost to the fraudulent conduct of Bank of America – Countrywide. The whistleblower award in this case was over $170 million split among three whistleblowers.
If your information initiates a successful financial fraud lawsuit, your whistleblower award could include up to 30 percent of recovered funds. Call now for a no-cost conversation with an experienced Mahany Law False Claims Act lawyer: 202.800.9791 or Report Online
Do You Have Knowledge of Financial Fraud in Violation of The False Claims Act?
Violations of the False Claims Act within financial institutions include fraudulent activity involving funds from government-insured bank lending programs, municipal bonds, federal bailout programs, fraud affecting government pension programs and mortgage fraud involving the federal housing administration (FHA) or the department of housing and urban development (HUD). Specific examples of fraudulent activities involving financial institutions include but are not limited to:
- Failure to follow bank or government loan guidelines
- Misrepresentation of loan origination charges
- Failure to properly evaluate a borrower’s credit risk
- Inflation of property value
- Faulty appraisal performance
- Disguising down payments
- Misrepresenting credit history, income or assets
- Misrepresenting property use
- Incomplete debt disclosure
Municipal Bond Fraud
- Kickbacks or bid manipulation for bond business
- False bond certification for tax-exempt status
- Misrepresentation of derivatives
Federal Bailout Programs: TARP/TALF/CPP
- False certification of eligibility
- Improper use of funds
- Failure to comply with rules and guidelines
- Conflict of interest abuses
Government Pension Funds
- Securities fraud or insider trading that effects pension funds
- Fraudulent behavior in management/advisory functions
If you have knowledge of fraudulent activity involving government funds – make a difference today. Call Brian Mahany and The Mahany Law Firm whistleblower fraud recovery team for a private, no-fee consultation: 202.800.9791 or Report Online
What is the First Step in Reporting Financial Fraud and Filing a Whistleblower Claim?
Once you have decided to report fraudulent activity, it is critical to obtain legal advice as soon as possible to protect your rights and ensure the right steps taken are from the very start. Brian Mahany, a veteran whistleblower lawyer with America’s largest financial fraud whistleblower case recently to his credit, or another Mahany Law whistleblower lawyer will confidentially discuss your observations and whether you qualify to file a whistleblower action under the False Claims Act.
The key to getting the whistleblower reward under the False Claims Act is non-public (inside) information that the government has been defrauded and directly or indirectly financially harmed.
If you are the first to report fraud and can prove your case (often with the help of our investigators), Mahany Law’s whistleblower and fraud recovery expert attorneys, upon your approval, may file an action on your behalf spotlighting the fraud, seeking recovery of fraudulently obtained money, asking for Department of Justice intervention, and seeking a whistleblower reward of anywhere from 10 to 30 percent of any money recovered by verdict or settlement.
Take the first step today. Help recover government funds and claim your reward. Call Brian Mahany and Mahany Law whistleblower fraud recovery team for a private, no-fee consultation: 202.800.9791 or Report Online
Will Your Employer Know You Have Filed a Whistleblower Claim?
Your initial consultation with a Mahany Law Firm attorney is confidential. We recommend that you do not contact us from your employer’s office either by phone or email. Your employer will only be notified of a claim if you decide to proceed with a False Claims Act action which will absolutely not take place without your approval.
Also, the False Claims Act contains a strong “anti-retaliation” provision providing the whistleblower protection against demotion, harassment or termination. We will discuss this in detail in your initial conversation with our office so you can make an informed decision on your risks and potential reward.
Your Mahany Law Firm no-fee consultation is absolutely private and there is no obligation to report the fraud.
Timing Is Essential with Whistleblower Reward Claims – Be the First to Report Financial Fraud
When you have made the decision to report fraudulent activity against a financial institution, it is important to file your claim as soon as possible. Being the first to report a violation can solidify your role as a valuable whistleblower, increasing your chances of cash reward.
Due to the False Claims Act’s statute of limitations, an action must be filed within six years of the violation date or within three years from when material facts should have reasonably become known. There are some exceptions to these rules but the point is to act quickly.
The experienced attorneys at MahanyLaw are committed to recovering government funds and protecting the rights of whistleblowers. Call now for a no-cost conversation with an experienced Mahany Law False Claims Act lawyer: 202.800.9791 or Report Online
The Mahany Law Firm Proven Process Maximizes Whistleblower Claims
Our process involves investigating and preparing the best possible case before filing a whistleblower action and our financial fraud attorneys understand the rules and realities of all sectors of the financial industry.
We look forward to explaining how our process and proven strategy can work for you.