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BlockFi Lending, LLC (BlockFi) has agreed to pay $100,000,000 to settle two enforcement actions brought by regulators from several states and the federal government. As the largest SEC fine in a crypto case, it included hundreds of whistleblowers providing information about BlockFi’s misdeeds...

The United States Department of Justice (DOJ) has marked yet another milestone in its mission to curb financial crime and fraud, especially in the country’s healthcare sector.
Recently, the agency announced that it had reached a fraud case settlement with Sutter Health - a major medical...

False Claims Act cases in the United States have continued to rise, signaling increased commitment from the United States government to crack down on fraudulent companies looking to game the system to their advantage.
The latest in the line of these companies is the San Mateo County Medical...

For decades, companies have been looking for ways to game the United States system and dupe the government. However, efforts to put these culprits behind bars have also been effective, with indictments and lawsuits going.
Last week, the government got another company that has been duping it...

Alliance Family of Companies (Alliance) - a national electroencephalography (EEG) testing company based in Texas, has received a fine from the United States government after being found guilty of manipulating Medicare and Medicaid claims to get more money.
The settlement came about after the...

It has been another relatively successful month in the federal government’s mission to bring down bad actors and companies looking to defraud the American people.
Last week, Interface Rehab - a medical rehabilitation firm operating out of Placentia, California - became another notch on...

Modeled after a successful effort by the Securities and Exchange Commission, a new program will be implemented by U.S. officials to encourage more financial sector workers to come forward with information about money laundering risks.
Put into effect as part of the National Defense...

On September 14, 2020, the Securities and Exchange Commission announced a considerable reward topping $10 million to a whistleblower whose information had led to a successful SEC enforcement action. The Chief of the SEC's Office of the Whistleblower, Jane Norberg stated, "This award recognizes the...

What Is The False Claims Act? The False Claims Act allows individuals to sue fraudsters on behalf of the government. As a reward for their efforts, the whistleblowers can then receive a 15-30% share of any monetary recoveries if using the proper claims process.
Typically, False Claims Act...

CWD, a.k.a. Centric Parts, has agreed to pay $8 million to resolve allegations that it knowingly underpaid U.S. customs duties in violation of the False Claims Act and the Tariff Act. The alleged misconduct was brought to light in two whistleblower lawsuits. Steve Hughes, a former vice president of...