How Over $1 Trillion In State Government Spending Is Vulnerable to Fraud
Four of the largest non-healthcare state False Claims Act settlements demonstrate the diverse schemes employed by fraudsters.
Private Insurers May Dole More Than $200 Billion Each Year to Fraudsters
While whistleblowers are usually limited to reporting fraud against the government, two statutes aim to deter fraud against private insurance companies, as well.
Let's Take a Look at Fraud Against State Medicaid Programs
Through Medicaid and other programs, the average state may waste as much as 6.4% of its total budget on healthcare fraud every year.
Let's Take a Look at How DOJ Task Forces Fight Fraud
In July of this year, for instance, twenty-two individuals were charged in connection with a massive fraud scheme.
Diving Into Defense Fraud
Over the last 20 years, the United States has spent more than $6.4 trillion on those wars. We do not know how much of this enormous sum has been lost to fraud.
The Billions Lost to Healthcare Fraud
The recovery of this lost money would be enough to pay for federal funding of substance abuse and mental health services for well over a decade.
Looking at the Cost of Air Pollution on Clean Air Day
In addition to the high mortality costs, air pollution imposes a substantial burden in terms of human health and resources.
False Claims Act Enforcement: $20 Returned for Every $1 Spent
For every $1 the federal government spends on FCA enforcement, they recover $16.33.
Billions Are Lost to Fraud
If we estimate fraud is only 5 percent in 2020 when the federal expenditures totaled $6.55 trillion, taxpayer dollars lost to fraud would be $327.5 billion.
Billions in False Claims Act Recoveries
False Claims Act proceedings have proven to be a great success, restoring to federal agencies tax dollars that were fraudulently swindled away.
