Mortgage Boss Still On Hook For False Claims
- April 10, 2014 by Qui Tam
- Federal False Claims Act
Golden First Mortgage and its owner must face claims that their lies about regulatory compliance cost taxpayers $12 million, a federal judge ruled.
Whistleblower Paid $63.9 For J.P. Morgan Concealment Of Bad Mortgages
- March 25, 2014 by Qui Tam
- Federal False Claims Act
Whistleblower, Keith Edwards, will recover $63.9 million for his false claims act lawsuit in which he revealed that J.P. Morgan Chase had submitted thousands of mortgages for governmental insurance through the Federal Housing Authority and Veterans Administration that did not qualify for those government guarantees. The government ultimately had to cover for these loans when they defaulted.
Pittsburgh Post Gazette Exposé On Local Whistleblowers
- March 25, 2014 by Qui Tam
- Federal False Claims Act
The Pittsburgh Post-Gazette recently published an in-depth article on the growth of local false claims act cases and the whistleblowers behind them. The article focused on efforts of Dave Hickton, U.S. Attorney for the Western District of Pennsylvania, who has diverted more of his office’s resources to false claims act cases.
Big Pharma Takes A Big Hit
- March 25, 2014 by Qui Tam
- Federal False Claims Act, Healthcare
Endo Health and its subsidiary Endo Pharmaceuticals will pay $192 million to settle false claims act after whistleblower uncovered off-label marketing of Lidoderm. The FDA only approved Lidoderm for treatment of a complication of shingles. The company required its sales staff to market the drug for unapproved ailments including low-back pain and carpal tunnel syndrome.
Referrals Get Ohio Hospital Into Hot Water
- March 25, 2014 by Qui Tam
- Federal False Claims Act, Healthcare
Memorial Hospital of Ohio recently settled government claims related to improper referrals under the Anti-kickback and Stark statutes. These statutes restrict the financial incentives that health care providers can provide to other health care providers. The allegations concerned Memorial Hospital’s financial arrangement with a joint venture it had with a pain management physician and a relationship with an ophthalmologist who sold intraocular lenses at inflated prices through the hospital.
Hospice Caught Submitting False Reimbursement Claims
- March 25, 2014 by Qui Tam
- Federal False Claims Act, Healthcare
Hospice Compassus settle false claims allegations for $3.92 million, $700,000 of which will be shared by two whistleblowers. The whistleblowers filed suit under the false claims act alleging that the hospice company sought reimbursement under Medicare for hospice care for ineligible patients.
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Federal Government Announces Record Healthcare Fraud Recoveries
- February 28, 2014 by Qui Tam
- Federal False Claims Act, Healthcare
For the fifth year in a row, federal fraud prevention efforts have seen an increase in the amount of money which has been recovered from individuals and companies who attempted to defraud federal health programs serving seniors or who sought to obtain payments to which they were not entitled. A record $4.3 billion dollars was recovered this past fiscal year.
JP Morgan Pays $614 Million In Mortgage Fraud Case
- February 28, 2014 by Qui Tam
- Federal False Claims Act, Financial Industry
JP Morgan is the most recent Wall Street firm to write a check, a whopping $614 million, to the government to settle allegations that it violated the False Claims Act by knowingly underwriting non-compliant mortgages that received federal insurance coverage from the Department of Housing and Urban Development (HUD), the Department of Veterans Affairs (VA) and the Federal Housing Administration (FHA).
West Virginia Rejects False Claims Legislation
- February 27, 2014 by Qui Tam
- Federal False Claims Act, State False Claims Acts
The West Virginia House of Delegates has refused to adopt false claims legislation for the state.
The Government Fraud Prevention Act, previously known as the False Claims and Taxpayer Protection Act of 2014, was intended to uncover fraud against the state, would have given the West Virginia Attorney General the power to investigate such activity and would have permitted individuals to bring suit against anyone who knowingly caused the state to pay a false claim.
One Of Nation’s Largest Medical Imaging Providers Pays $15.5M To Settle Whistleblower Lawsuits
- February 26, 2014 by Qui Tam
- Federal False Claims Act, Healthcare
Doshi Diagnostic Imaging Services, P.C., and Diagnostic Imaging Group, LLC, one of the largest medical imaging providers in the United States, has agreed to pay $15.