Whistleblower Statute The False Claims Act, also known as the Whistleblower Stat

Question

Whistleblower Statute

The False Claims Act, also known as the Whistleblower Statute, allows private parties to sue companies for fraud on behalf of the government. The whistleblower can be awarded up to 25 percent of the amount recovered on behalf of the federal government even if the informer has been a co-conspirator in perpetrating the fraud.

Find an article about a recent whistleblower case where such an award was made by searching on the Internet. Share the case you found with your classmates, giving a brief summary of the case (see an example of a summary on page 24). Also, please be sure to include the direct link to your Internet case so that everyone can read the complete details.

Explanation / Answer

http://www.nytimes.com/2012/09/12/business/whistle-blower-awarded-104-million-by-irs.html?_r=0

In this case the whiste blower is  Mr. Birkenfeld was to recieve a $104 million price money for revealing the secrets of swiss banking system, which proved to be very helpful for the government. TThis helped the fed to recover billions of unpaid taxes . This encouragad a lot of people to file reports of tax fraud.

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