Worthless Services
A federal court in Eastern Pennsylvania just delivered an important reminder about litigating a worthless service case
Life Comes at You Fast: The Role of Whistleblowers in An Era of Constant Change
We hope you have enjoyed this year’s installment of Fraud by the Numbers! In just the past three weeks, we have seen three major developments impacting whistleblowers.
The Lure of U.S. Whistleblower Rewards Pushes HMRC to Launch its own Strengthened Reward Program
Do not pass Go. Do not collect £200. Proceed directly to Washington. Until recently, that, in Monopoly terms, is what the UK's would-be fraud whistleblowers have been doing.
State FCA Recoveries
Despite the success of the Federal law and the state False Claims Acts, twenty-one states do not have an equivalent law.
Insider Trading Comes to the Prediction Markets
On February 25, 2026, the CFTC’s Division of Enforcement issued a “Prediction Markets Advisory” with a blunt message
The $2.29 Billion Safety Net: What the FY2025 DOJ Statistics Say About Declined Cases
On September 1, 2026, the Eleventh Circuit vacated and remanded the district court ruling in United States ex rel. Zafirov v. Florida Medical Associates.
The Squeeze on Relator Shares in a Record Recovery Year
2025 was a record year for FCA recoveries. For relator awards, not so much.
Paycheck Protection Program (PPP) Fraud Continues to Add Up
The Paycheck Protection Program (PPP) was designed to deliver emergency financial relief to businesses during the COVID-19 pandemic.
DOJ’s Criminal Corporate Whistleblower Program: A New Tool in the Fight Against Fraud
In August 2024, the Department of Justice’s Criminal Division launched the Corporate Whistleblower Awards Pilot Program.
The $3 Trillion Blind Spot
Private loans rarely trade, so many assets cannot be valued against a daily market price; regulators have also identified valuation opacity and significant data gaps
