What You Need to Know About the False Claims Act
The False Claims Act, more popularly known as Lincoln's Law is aimed at stopping people from taking advantage of the programs implemented by the federal government. False claims lawyers help bring to Courts any false claims made to defraud the federal government of its money.
What Makes Up "False Claims"?
The Act imposes liability upon a person or a corporate entity under four circumstances. Firstly, liability arises when a false claim is knowingly made to the government or if it is caused to be made. Secondly, the making or use of a false record to seek payment from the government gives rise to liability. Thirdly, the commission of an offence under the Act or a conspiracy to commit such offence. Lastly, when a false record is made or used to hide an obligatory payment to be made to the government. False claims lawyers help identify and bring to light any such false claims.
What Are The Penalties Imposed For False Claims?
The False Claims Act generally penalizes the defaulter by imposing a fine three times to the amount that the government lost by the fraudulent action. However, the penal provisions are harsher for the more severe offences under the Act. For every false record submitted or every false claim made, a fine ranging between $5000 to $10000 is imposed on the defaulter.
What Is The Role Of False Claims Lawyers?
The Act provides for people to send in anonymous information regarding any false claim made by a person or a company. Such people are termed "realtors" under the Act. As a means of encouraging such information, realtors are eligible for incentives for the information provided. Realtors are eligible for up to 30% of the final fine imposed when the judgment is delivered. False claims lawyers help you file a complaint under the Act and get the reward due to you for the same.
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