financial industry fraud

Financial Industry Fraud: How the False Claims Act Protects Whistleblowers

Originally signed in 1863 by President Lincoln, the False Claims Act protects whistleblowers from defrauding the federal government. During the Civil War, many suppliers provided poor goods and services to the troops. Lincoln signed the Act into law to target financial industry fraud against the government by government contractors. The False Claims Act has been revised many times since …

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