An investigation by the U.S. Space Agency found that a metals manufacturer had provided hardware to Nasa backed by fraudulent test results. These materials eventually resulted in a loss of over $700 million, as well as multiple failed satellite launches. The company involved in the fraudulent materials scheme was an Oregon based...
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Category: Whistleblower Laws

Well-Known Whistleblower Involved in HSBC Case States That Fraud Detection and Prevention Still Requires Major Improvements
Former whistleblower, Everett Stern, states that the crackdown on financial fraud still has a way to go before it can truly be considered a successful pursuit.
A whistleblower is considered anyone who has insider information about a fraudulent act and decides to come forward to law enforcement about such...
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Offshore Banking Scandals affecting U.S. citizens resulting in new international Whistleblower Protection laws and exchange of data worldwide
A whistleblower by the name of Rudolf Elmer claimed that during his work as a private banker and internal auditor for the Swiss financial institution, Julius Baer Bank & Trust Company Ltd., he discovered actions that he found to be deceitful when relocated to the Cayman Islands. When Elmer acted as a...
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U.S. lawsuit says swiss drugmaker Novartis paid millions in kickbacks in docs to prescribe and promote its drugs
The Swiss drug manufacturer Novartis has been accused by the U.S. government of a kickback scheme involving paying doctors millions in kickbacks to promote and prescribe their drugs.The drugs involved in this case including Lotrel and Valturna, which treat hypertension, as well as Starlix for diabetes. The kickbacks to the docs also included what...
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Russian Spies Increasingly Using Social Media to Influence U.S. Citizens Opinions in Significant ways
New information, some from former Russian spies in America who are now cooperating with us, reveals an increasing and pervasive use of social media by Russian members of an elite intelligence unit in Russia, to influence broad groups of U.S. citizens in significant ways. It is considered a new and insidious kind of warfare....
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Fresenius Medical Care pays $231 Million to settle charges of foreign bribes in Saudi Arabia, Angola, Morocco, Spain, Turkey and more
Fresenius Medical Care AG & Co. KGaA (Fresenius), provider of medical products and services, has agreed to pay $231 million to end investigations by the Department of Justice and the Securities and Exchange Commission (SEC) into violations of the Foreign Corrupt Practices Act (FCPA) in connection with Fresenius's participation in various...
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Duke University pays $112.5 million to settle claims in whistleblower suit that it faked data in applications for federal grants
Duke University has agreed to pay $112.5 million to settle claims that it knowingly included fake data in applications for federal grants that brought more than $200 million into that school and other nearby universities. The suit, brought by a former employee, alleged that the university was aware that a University biologist included fraudulent...
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Owner of a Durable Medical Equipment Business Pleads Guilty to Medicaid Fraud After Being Charged During Nationwide Crackdown on Healthcare Fraud
Waveney Blackman, the owner of durable medical equipment company WaveCare Health services, has been charged with one act of healthcare fraud for filing claims to Medicaid for products that were never purchased through her business. Blackman pleaded guilty to these charges after one month and has been sentenced to 42 months in...
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Franklin Templeton pays $13,850,000 to settle self-dealing lawsuit
Franklin Resources will pay $13,850,000 and make other provisions to settle a lawsuit alleging that defendants breached their Employee Retirement Income Security Act (ERISA) fiduciary duties by causing Franklin Templeton's 401(k) plan to invest in funds offered and managed by Franklin Templeton when better-performing and lower-cost funds were available....
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Contractor traded hunting rifles, football tickets, cellphones and NASCAR tickets as kickbacks for work at nuclear fuel plant, fed say
Contractors Areva and Chicago Bridge and Iron gave kickbacks in the form of football tickets, hunting rifles, cellphones and NASCAR race tickets to get work on a factory at the Savannah River nuclear storage facility says a lawsuit filed by the U.S. Government.
The cost of those kickbacks was...
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