By Adrianne Appel2023-02-08T22:01:00
Penalties assessed for violations of the False Claims Act (FCA) topped $2.2 billion during fiscal year 2022, less than half the mark the Department of Justice (DOJ) reached the previous year.
The DOJ didn’t give a reason for the decreased dollar amount of FCA recoveries during the fiscal year, which ended Sept. 30, 2022. The agency’s return of $5.6 billion in FY2021 was its second-largest amount ever collected in one year, while the FY2022 amount is the smallest since FY2008, according to agency records.
The drop came despite 351 settlements and judgments being recorded in FY2022, the second highest such number in a single year.
2023-03-28T19:44:00Z By Aaron Nicodemus
More whistleblowers than ever before filed reports with their employers in 2022, with more than half doing so anonymously, according to the latest hotline benchmark report from NAVEX.
2023-01-30T17:13:00Z By Aaron Nicodemus
Walgreens agreed to pay $7 million to settle alleged violations of the False Claims Act that it overbilled the state of Tennessee’s Medicaid insurance program for Hepatitis C medications and kept the proceeds even after it discovered an employee’s misconduct.
2023-01-24T18:47:00Z By Adrianne Appel
A Johnson & Johnson medical device subsidiary admitted to providing thousands of dollars in equipment as kickbacks to an orthopedic surgeon as part of a $9.75 million settlement reached with the Department of Justice.
2025-08-25T20:49:00Z By Adrianne Appel
JPMorgan Chase has agreed to pay $330 million to settle allegations about its role in the massive, decades-long theft of Malaysian’s 1MDB state investment fund, the bank says. An estimated $4.5 billion was robbed from the 1MDB fund, from 2009-2014, in a scheme led by Malaysian financier, Jho Low, former ...
2025-08-25T18:24:00Z By Adrianne Appel
Crypto platform Anchorage Digital has been freed of a consent order originally issued by the Treasury Department for anti-money laundering failures.
2025-08-25T15:51:00Z By Adrianne Appel
The co-founders of a California financial tech and sustainability services company defrauded investors and lenders of $248 million, according to the Department of Justice.
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