False Claims Act Update & Alert
	Taxpayers Against Fraud Education Fund | Washington, D.C. | WWW.TAF.ORG           June 24, 2011
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		Subscribe to this FREE Newsletter Enter your Email Powered by FeedBlitz n TAF Home Page n Previous Newsletters n Email editor   Please take a moment to forward this FREE electronic newsletter to others that might be interested!	Questions are Being Asked About the IRS Whistleblower Program After five years, the IRS whistleblower program has only one settlement under its belt and Congress, whistleblowers, and the public are starting to ask questions. What's going on? One answer suggested by an interview with the former Chief Counsel of the IRS, is that top management outside of the whistleblower office may be sabotaging the program because they see it as something forced down their throats by Capitol Hill. One thing is for certain: the Obama Administration and Congress are not going to be able to convince the public that it's a good idea to raise taxes or cut benefits so long as scores of billions of dollars are being left on the table in the form of languishing IRS whistleblower cases. >> To read more
			KPMG Says Top Managers Most Likely to be Fraudsters Top managers are the mostly likely employees to be major corporate crooks according to a new report from accounting firm KPMG. Not surprisingly, management reviews seldom uncover corporate crimes. What does uncover fraud?  Whistleblowers and anonymous tip-offs. >> To read more
			New York "CityTime" Fraud The cost of "CityTime," New York City's municipal payroll system, has ballooned from $68 million to more than $700 million, with fraud permeating "virtually every level" of the contract says U.S. Attorney Preet Bharara.  Two New Jersey employees at TechnoDyne, a consulting company that worked on the contract, are accused of handing out more than $40 million in kickbacks. Carl Bell, a chief systems engineer at SAIC, the lead contractor, has pled guilty to charges he received millions of dollars in payola. >> To read more
			Is Justice More Than Blind? Sam Antar, the former CFO of Crazy Eddie Inc., is a convicted felon and the author of the White Collar Fraud Blog.  He knows a thing or two about fraud and he sees the modern era as a Golden Age for corporate crooks: "Our government is making it easier for criminals to commit white-collar crime. The Obama Administration is permitting the Justice Department and SEC to rely on internal investigations by suspected wrongdoers. Republican Congressman Darrell Issa wants to gut the SEC to make it completely ineffective in policing the capital markets. Republican Presidential hopeful Michelle Bachmann wants to completely repeal Dodd-Frank, so white-collar criminals will never have to worry about potential whistleblowers. Small cap companies have been exempted from certain internal control provisions of Sarbanes-Oxley. The Supreme Court has narrowed the definition of honest services fraud. New York City has ten times more cops than the SEC has employees and twice as many cops than Special Agents employed by the FBI. I should have been a criminal today, rather than in the 1980s. I could have avoided prosecution for my crimes. Maybe, it's time to end my retirement from white-collar crime?" >> To read more
			Medicare Data Mining Medicare has grown tired of "pay and chase," and is about to employ new technology to ferret out fraud before it gets too far down the road. Peter Budetti, Medicare's anti-fraud czar, says new screening software "will allow us to do some things we have not been able to do before." One example: determining which hospitals routinely bill Medicare and Medicaid for two chest scans on the same patient on the same day. >> To read more
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