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Tuesday, December 20, 2011
Whistle Blowers Help Recover $9 Billion In Fraud
The Justice Department says a three-year blitz by the Obama administration has recovered nearly $9 billion in fraud against the government. Nearly a third of the money came in as a result of whistle blower complaints. Tony West, assistant attorney general, says that since the False Claims Act was amended in 1986, the government has recovered $30 billion. Most of the recoveries have come from fraud against health care programs. But the government has also gotten money back from contractors who overcharged for goods and services.
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