The average whistleblower reward is $549,665.
LYNCHBURG, Va. (PRWEB) February 19, 2018
National Whistleblower Reward Day is celebrated on February 20. The purpose of National Whistleblower Reward Day is to bring awareness to the amount of fraud committed against the government and to invite the public to obtain a significant whistleblower reward for reporting it.
Ten percent of all government spending is lost due to fraud.* Because the government spends $4 trillion a year (which is over $10,000 per person),** as much as $400 billion may be lost annually to fraud. It’s no wonder why we have a national economic crisis! That’s why Congress authorized the Department of Justice (DOJ) to pay whistleblower rewards up to 30 percent of the amount it recovers based upon whistleblowers reporting fraud against any federal agency or program, such as Medicare or the military.
Statistics for the DOJ whistleblower reward program***
- The largest whistleblower reward in a single case is $150 million
- The average whistleblower reward is $551,657
- DOJ has recovered $40 billion ($40,645,761,148) in fraud cases brought by whistleblowers
- DOJ has paid whistleblowers rewards of over $6.6 billion ($6,609,407,455)
- Each year, DOJ pays approximately $400 million in whistleblower rewards
After working for 15 years in the Department of Justice whistleblower reward office and working on fraud cases totaling $1.5 billion, whistleblower advocate and attorney Joel D. Hesch formed National Whistleblower Reward Day. According to Mr. Hesch, “I formed National Whistleblower Reward Day to help whistleblowers properly report fraud against the government, such as Medicare or military fraud, and get a reward in the process. I also want to educate the public on properly reporting fraud. While at DOJ, I’ve seen whistleblowers make a lot of mistakes. Unless they properly report it, there’s no guarantee an investigation will take place. Worse yet, if they don’t scrupulously follow the formula, they won’t receive a reward. I want to change all of that.”
Free e-books addressing Medicare or military fraud
Mr. Hesch wrote two free e-books to arm the public with information to stamp out fraud. The first free e-book addresses Medicare fraud, including the common Medicare fraud schemes and the ways to report Medicare fraud. The second free e-book addresses fraud against the military or homeland security.
Hesch adds, “The National Whistleblower Reward Day puts fraud-doers on notice that the public is fed up with fraud and is now armed with information on how to report it. Given the large monetary rewards offered by DOJ for reporting fraud, there is a strong incentive for whistleblowers to take a stand. The more whistleblowers step forward, the less likely companies will try to cheat because they will finally realize they can’t get away with it anymore.”
After leaving DOJ, Hesch formed his own law firm to exclusively represent whistleblowers nationwide in filing for rewards for reporting fraud against Medicare, the military, or any other government program. His free e-books also contain his personal contact information so that you can ask Mr. Hesch incomplete confidence to review your potential reward case.
How to celebrate National Whistleblower Reward Day?
There are two ways to celebrate National Whistleblower Fraud Day.
First, learn about the government reward programs by reading the free e-books listed earlier, or visiting his website, and then contact an experienced whistleblower reward attorney, such as Mr. Hesch, to find out if you have the right type of case eligible for a reward.
Second, tell others of the National Whistleblower Reward Day so they too can help stamp out fraud against the government.
*http://www.howtoreportfraud.com/false-claims-act-general-information-and-statistics/ (10% of all government spending lost to fraud)
** https://www.thebalance.com/how-trump-amended-obama-budget-4128986 (“The federal government will spend $4.037 trillion in FY 2017.”)
*** Department of Justice Statistics as of 2017, located at:http://www.howtoreportfraud.com/wp-content/uploads/2018/01/FY-2017-DOJ-FCA-Statistics-Dated-January-2018.pdf