False Claims Act Update & Alert
	Taxpayers Against Fraud Education Fund | Washington, D.C. | WWW.TAF.ORG           October 7, 2011
	.
	.
		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!	Oracle to Pay $200 Million The Oracle Corporation has agreed to pay $200 million for price-gouging and failing to meet their contractual obligations to the General Services Administration (GSA).  This is the largest False Claims Act settlement that the GSA has ever obtained, among the top 30 FCA cases of all time, and the second time Oracle has been nailed under the False Claims Act.  In 2008, Oracle paid nearly $100 million for engaging in a similar fraud.
			New York Sues Bank for $2 Billion New York's Attorney General and the U.S. Department of Justice have each filed separate civil lawsuits alleging Bank of New York Mellon systematically overcharged investors in foreign exchange currency trades. New York's Attorney General, who filed cases under the New York False Claims Act and the Martin Act, seeks to recover more than $2 billion in damages.  The U.S. Department of Justice lawsuit notes that in a 2004 BNY Mellon email, one executive succinctly explained the personal-profit impetus for the fraud:  "... we all understand how the bonus pool funds." >> To read more
			Home Health Provider to Pay $65 Million Home health provider LHC Groups has agreed to pay $65 million to settle a False Claims Act case charging the company with upcoding and billing for medically unnecessary goods and services. Whistleblower Judy Master will receive over $12 million as an award under the settlement. >> To read more
			Specialty Hospital to Pay $7.5 Million Select Specialty Hospital of Columbus, Ohio, has agreed to Pay $7.5 million to settle a False Claims Act lawsuit which alleges the hospital was paying kickbacks to a number of area physicians under the guise of sham "Medical Director" payments. >> To read more
			Banks Stealing From Disabled Veterans JPMorgan, Bank of America, Wells Fargo, and ten other banks are accused of overcharging military veterans by illegally baking legal fees into home loans documents in which the loans were guaranteed by the Veterans Administration.  In February, Wells Fargo agreed to refund millions of dollars in fees stolen from veterans, but that still leaves 12 other banks with a massive sum of pocketed money, and all thirteen banks holding loans that should not be guaranteed by the Veterans Administration and U.S. taxpayers. >> To read more
			Food Fraud in New York and Iraq How is fraud in the school lunch program in New York like food procurement fraud in Iraq? Both are frauds committed in the U.S. by major U.S. corporations.  The same day that New York recovered $1.6 million under the New York False Claims Act from a food vendor pocketing rebates,  Charles Tiefer, Professor of Law, University of Baltimore School of Law, and former Commissioner with the Commission on Wartime Contracting in Iraq and Afghanistan, was giving testimony on Capitol Hill connecting all the dots. >> To read more
			The Fraud Lobby Fraudster Larry Duran orchestrated more than $205 million in phony Medicare claims, and he took a portion of his stolen money and used it to lobby Congress for weaker regulation and enforcement, going so far as to create his own advocacy organization, the National Association for Behavioral Health (NABH).  Duran is now serving a 50-year prison term. >> To read more
			.