Whistleblower
Law Suits or
Qui Tam Lawsuits, allow whistleblowers to seek
compensation on the government's behalf from
companies and people that have defrauded taxpayers
out of government money. Texas Whistleblower Lawyer
Jason Coomer helps whistleblowers determine if they
may have a viable Qui Tam Lawsuit and blow the
whistle on people that are stealing from the
government.
If you are aware of Bail Out
Fraud, Financial Fraud, or other government fraud
and are a government employee or other person with
special knowledge of fraud and want to be a whistle
blower and an American Hero, feel free to
contact Bail Out Whistleblower and TARP Financial
Fraud Lawyer Jason Coomer via e-mail message
or our
submission form about a potential
whistleblower lawsuit, health care fraud lawsuit,
TARP fraud, or qui tam lawsuit.
TARP Fraud Lawsuits, Bail
Out Fraud Lawsuits, and Qui Tam Lawsuits
The Troubled Asset Relief Program
(TARP) is a $700 Billion Bail Out of the troubled
United States Banking and Credit System. It was
designed to unfreeze the credit market and enable
the government to purchase residential and
commercial mortgage assets, including whole loans
and securities. Unfortunately, after it was
announced numerous Corporate interests began
scheming on how to get as much of the Bail Out money
as possible and use the money not for its intended
purpose, but to enrich the corporations,
shareholders, and CEOs that were able to get a
portion of the money.
If you are aware of a
corporation, CEO, or individual that has
fraudulently obtained Bail Out money or
intentionally used this money contrary to its
intended purpose, there may be a viable Qui Tam
Claim that would allow you not only to recoup
government money for U.S. taxpayers, but also
collect a portion of that money for yourself.
Other Bail Out Fraud
Lawsuits and Qui Tam Lawsuits
The Bail Outs of AIG, Fannie Mae,
and Freddie Mac also may lead to potential qui tam
claims as approximately $300 Billion in government
funds are being used to save these private and quasi
public entities. The federal takeover of Fannie Mae
and Freddie Mac places a conservatorship on
government sponsored enterprises Fannie Mae and
Freddie Mac by the US Treasury in September 2008.
American International Group,
Inc. (AIG) has also been the recipient of a large
government bail out. Like the TARP money, the AIG
bail out needs to used for its intended purpose and
not to enrich the wealth of a few that find ways to
steal bail out money for themselves. Whether you
are for or against these large bail outs, we would
all agree that it is important that none of this
money be fraudulently taken and used to enrich a few
individuals.
Economic Incentives for
Whistleblowers Lawsuits, Government Fraud
Lawsuits, and Qui Tam Lawsuits
When a government imposes a
penalty, for the doing or not doing an act, and
gives that penalty in part to whistleblowers
that will sue for the same, and the other part
of the recovery goes to the government, and
makes it recoverable by action, such actions are
called "qui tam actions", the plaintiff is suing
on their own behalf as well for the government
and taxpayers.
Qui tam provisions of the
False Claims Act are based on the theory that
one of the least expensive and most effective
means of preventing frauds on taxpayers and the
government is to make the perpetrators of
government fraud liable to actions by private
persons acting under the strong stimulus of
personal ill will or the hope of gain.
The strong public policy
behind creating an economic gain for
whistleblowers is that the government would be
significantly less likely to learn of the
allegations of fraud, but for persons in certain
positions with specialized knowledge of fraud
that has been committed. Congress has made it
clear that creating this economic incentive is
beneficial not only for the government,
taxpayers, and the realtor, but is an efficient
method of regulating government to prevent fraud
and fraudulent schemes.
The central purpose of the
qui tam provisions of the False Claims Act is to
set up incentives to supplement government
regulation and enforcement by encouraging
whistleblowers with specialized knowledge of
fraud going on in the government to blow the
whistle on the crime.
The whistleblower's share
of recovery is a maximum of 30 percent and the
government's prior knowledge of fraud now does
not necessarily bar a whistleblower from
collecting lost revenue. If the government
takes over the lawsuit, the relator can
"continue as a party to the action." The
defendant is also required to pay for the
relator's attorney fees. The whistleblower is
also protected from retaliatory actions by his
or her employer. As a result a 1986 amendment to
the False Claims Act, qui tam lawsuits have
increased dramatically. Though the amendment
was first made for corrupt defense contractors,
the amendment has uncovered billions of dollars
in health care fraud and will probably apply to
fraudulently obtained TARP and Bail Out Funds.
Texas Whistleblower Lawyers
and Government Fraud Lawyers
(Qui Tam Lawyers & Relator Claims)
Through Whistleblower Lawsuits,
Qui Tam Lawsuits, and other Government Fraud
Lawsuits, hundreds of billions of dollars have been
recovered from fraudulent government contractors
that have stolen large amounts of money from the
government and taxpayers.
It is extremely important that
Whistleblowers continue to expose fraudulent billing
practices and unnecessary treatments that cost
billions of dollars. If you are aware of a large
government contractor that is defrauding the United
States Government out of millions or billions of
dollars, contact Texas
Whistleblower and Government Fraud Lawyer
Jason Coomer. As a Texas Bail Out Whistle Blower
Lawyer, he works with other powerful qui tam lawyers
that handle large Government Fraud cases. He works
with San Antonio Financial Fraud Whistleblower
Lawyers, Washington Financial Fraud Whistleblower
Lawyers, New York Financial Fraud Lawyers, Wall
Street Financial Fraud Lawyers, and other Financial
Fraud Whistleblower Lawyers as well as with
Whistleblower Lawyers throughout the World to blow
the whistle on fraud that hurts the United States
and taxpayers.
