DOJ Announces Record $5.69 Billion Recovered Under the False Claims Act in Fiscal Year 2014

In a recent announcement by the U.S. Department of Justice, a record $5.69 billion was recovered under the False Claims Act in fiscal year 2014. This is the highest amount ever recorded and includes all settlements and verdicts across all industries. The vast majority of these recoveries involved financial or healthcare [...]

By | 2018-08-01T15:40:25+00:00 December 15th, 2014|False Claims Act Legal News|

DOJ Unseals False Claims Act Complaint Alleging Mortgage Loan Fraud by OneWest Bank

The Department of Justice recently unsealed a False Claims Act lawsuit filed in the Southern District of New York alleging nine-figure fraud against the federal government pursuant to its Home Affordable Modification Program (HAMP). The program, which was implemented in 2009 to help struggling borrowers keep their homes, requires certain disclosures to borrowers by a [...]

By | 2018-09-11T12:24:37+00:00 May 16th, 2014|Mortgage Fraud|

Office of Inspector General Offers Suggestions to the DOJ to Combat Mortgage Fraud

In yesterday’s post, we began examining a recent audit of the Department of Justice with regard to its mortgage fraud division. Specifically, the Office of Inspector general reviewed several reports offered by the DOJ since the 2008 housing bubble burst and questioned the Department’s record-keeping and prioritization of this devastating crime. Surprisingly, despite the DOJ’s [...]

By | 2018-10-04T15:26:46+00:00 April 29th, 2014|Mortgage Fraud|