Inflated Pricing Fraud
One of the most common violations of the False Claims Act is when a vendor overcharges the government. This is a form of Government Contract Fraud. They inflate the costs of services and goods or charge for undelivered labor or materials. Therefore, the government needs whistleblowers to stand up and expose these inflated pricing fraud practices.
Thankfully, there are whistleblowers who step forward to expose these vendors getting rich from the taxpayers’ money. The government is really grateful for these individuals. As a result, they will reward whistleblowers with up to 30% of recovered assets.
Examples of Inflated Pricing Fraud
In 2012, Maersk Line Limited settled a False Claims Act case with the U.S. government by agreeing to pay $31.9 million. This settlement was to resolve allegations that the company knowingly overcharged the Department of Defense for the transport of thousands of containers. The DOD used these containers for the war efforts in Iraq and Afghanistan.
The largest settlement ever in False Claims Act history involved software company Oracle. In 2011, they agreed to pay $199.5 million for their violations of overcharging the government.
Lastly, even Lockheed Martin, the largest defense contractor in the United States, is guilty of overcharging. They had to pay $15.85 million. This involved a seven-year pricing fraud when they overcharged the government for tools used on military aircrafts.
Whistleblowers Help America
When a contractor overcharges the government, it can cost American taxpayers millions. Whistleblowers are essential to halting these fraud practices. Individuals who bring False Claims Act cases on behalf of the government to expose such fraud are entitled under the Act’s qui tam provisions to part of the settlement.
Premier Complex Litigation Attorneys
The Michael Brady Lynch Firm has successfully represented thousands of consumers and recovered millions of dollars for their clients. Our team of attorneys has been recognized as some of the most experienced and successful in the country. Our award-winning staff is also sought after for our knowledge on complex litigation, scientific evidence development, negotiation strategies and trial tactics.
Most of all, our law office is resourceful and dedicated to pursuing any compensation you are due. Because of this, we have received a high degree of peer recognition and professional achievement, such as inclusion on numerous Plaintiff Steering Committees. We will take whatever legal measures are necessary when fighting for your rights to damages.
Therefore, if you believe you have uncovered evidence of fraud involving a government-funded program, contact us today. Our attorneys have represented many clients in the past with complex cases. We will work tirelessly to obtain results on your behalf.