Thursday, February 2, 2012

Attorney General celebrates the 25th Anniversary of the False Claims Act Amendments of 1986

Attorney General Holder had these comments:
Since the day that President Reagan signed these bipartisan amendments into law in 1986, their impact has been nothing short of profound.   Over the last quarter century, the Department of Justice has recovered more than $30 billion under the False Claims Act.   Whistleblowers have filed nearly 8,000 actions – including a record high of 638 in the past year alone.   And we can all be proud to that, in 2009, a series of additional updates made this law even stronger – and more responsive to evolving challenges.
I’m proud to report that, over the past three years, the Department has recovered $8.8 billion under the amended False Claims Act – which is more than a quarter of all recoveries since 1986, and the largest three-year total on record.   In the last fiscal year alone, we secured more than $3 billion in settlements and judgments in civil cases involving fraud against the government – the vast majority of which concerned health-care fraud, and nearly all of which were recovered under FCA’s whistleblower provisions.   This marked the second year in a row that we’ve reached such a high total.   And it proves, not only the effectiveness of the tools that today’s honored guests helped to design and enact – but also this Department’s commitment to aggressively utilizing them.
For responses, click here and here.

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