People who have information regarding companies or individuals defrauding the federal government may be entitled to a whistleblower award if they blow the whistle the right way. At Brown, LLC, our whistleblower lawyers in Jersey City, NJ represents individuals all over the country who wish to come forward with information that enables a federal agency to recover monies that were wrongfully billed. The firm is led by a Former FBI Special Agent and has recovered millions upon millions for the government which a whistleblower may be entitled to up to 30% of the recovery as an award.
Under the False Claims Act (FCA) the information must be regarding individuals or companies that have committed fraud against the government. Many times this manifests as Medicare Fraud, Medicaid Fraud or Defense contractor fraud, but can happen in any permutation where improper charges are assessed to the government. Even though as a whistleblower lawyer our nerve center is located in Jersey City, NJ, we handle cases all over the country in conjunction with local counsel and know what it takes to make your case a winning case, although nothing’s guaranteed. from our firm can help you take the necessary steps to seek compensation. We can also protect your rights in the process.
In the last three decades, the U.S. government has paid whistleblowers hundreds of millions of dollars. Contact us at Brown, LLC and request a free consultation with our whistleblower lawyer in Jersey City, NJ to learn if your information may qualify for a financial award.
There are four types of federal whistleblower awards for which your information about corporate or individual fraud against the government may fall under, and those are:
- The Internal Revenue Service Whistleblower Reward Program: this is a tax fraud program that Congress enacted in 2006. If you have information regarding tax underpayments by individuals or companies, you could collect a substantial reward. If the case exceeds $2 million, the award could be as much as 15-30% of the total amount collected by the government. BROWN, LLC will only consider cases in which the fraud is a large amount and the proofs are extensive, since the IRS will only act on very large frauds that are handed to them on a silver platter. Examples or IRS whistleblower frauds include a company having two sets of books in which it fails to pay taxes on millions of dollars of income each year, companies with off-shore accounts failing to disclose millions of dollars each year to the IRS and fake deductions resulting in millions of dollars of savings a year to the company or individual(s).
- The False Claims Act (FCA) Reward Program is essentially a term people use to discuss False Claims Act whistleblower awards. It is less of a program and more of a statute that has highly technical requirements to commence an action under it and not only is it best practices to consult with an experience False Claims Act attorney or FCA Law Firm, but it’s essential in filing the case, that is courts consistently rule that you must have a whistleblower lawyer representing you under the False Claims Act. This statute by far has had the most recoveries for the government and the most paid in whistleblower awards totaling in the hundreds of millions of dollars.
- The United States Securities and Exchange Commission (SEC) Whistleblower Program: this program is for whistleblowers who provide information to the Securities and Exchange Commission (SEC) about companies that have violated one or more of the SEC laws. It’s also for reporting a company that has bribed a foreign official and violated the Foreign Corrupt Practices Act. These cases generally deal with inside trading, self-dealing or putting the companies interests far in front of the clients. With the use of an SEC whistleblower lawyer, a client can potentially blow the whistle anonymously from start to finish. BROWN, LLC is located on the waterfront in Jersey City, NJ, which is sometimes referred to as Wall Street West. We are a 7-minute path ride from Wall Street, which is perfect since it is close enough to easily visit, but far away enough where you’re not likely to run into people you know if you come to visit. Of course, the SEC whistleblower lawyers can meet with you at a different location if needed.
- The Commodity Exchange Act Whistleblower Reward Program: this program is administered by the Commodity Futures Trading Commission (CFTC). If you report a violation of a law that regulates commodities options, swaps, or futures, you may be eligible for a reward . Similar to the SEC Whistleblower provisions, this may involve inside trading, self-dealing and putting clients’ interests last in the futures such as gas, oil, agricultural products, foreign currency, and anything else that is traded on the global market is also included in this category.
But there’s also many other statutes and even some state statutes like the California False Claims Act, California Insurance Claims Fraud Prevention Act, Illinois Insurance Claims Fraud Prevention Act and many more, so it is critical to speak with a law firm that has experience navigating through all the options and statutes.
Whistleblower Reward Amounts
After a careful review of the inside information that you wish to provide, our whistleblower lawyer in Jersey City, NJ, but handling cases nationwide from Brown, LLC can discuss with you your options, likely outcomes and whether it’s better to file the whistleblower lawsuit or proceed down a separate route. Several variables will affect the whistleblower award you may receive if any, such as the extent of the recovery, whether the government intervenes in the action or not, the length of time you were aware of the fraud but didn’t blow the whistle, whether you profited from the fraud, cooperation of counsel and many other factors. Functionally, the actual amount of the whistleblower reward you might receive will be a percentage of how much the government actually recovers from the wrongdoer(s).
FCA and IRS tax programs may result in a reward of 15-30% of the amount recovered.
SEC and FCPA tax programs may result in a reward of 10-30% of the amount recovered.
If you have information about a company or an individual who has violated federal laws, contact us to learn more about various whistleblower programs. At Brown, LLC, we protect whistleblowers and provide free consultations with a whistleblower lawyer Jersey City, NJ residents as well as people from all over the country turn to for answers.