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Kamis, 30 April 2015

Can We Lower The Risk Of Qui Tam Lawsuits?

By Bob Oliver


Those who are familiar with fraud may, in turn, know the details regarding qui tam lawsuits. For those who do not know, these suits can be applied to various situations, ranging from overpayment of Medicare to unpaid taxes. How, exactly, can these lawsuits be prevented by those who may be fearful of legal consequences? From what I have seen, it's all about obtaining information, which is what these points will discuss in detail.

Qui tam lawsuits can be reduced in a number of ways, one of them being education. Specifically, business owners should ensure that their employees are familiar with such details as the False Claims Act, a set of guidelines designed to protect whistleblowers. If they report on fraud, it's a certainty that their employment will not be at risk. While this is just one of the first ways to prevent lawsuits, it's an effective strategy that has weight to it.

You should also have a legal counsel on hand. The main reason for this is that no matter how much an individual may not know about the FCA, as mentioned earlier, they still may not be effective at detecting fraud. What this means is that a counsel can be brought on in order to see if there are signs of fraud to be aware of. The sooner that you detect these actions, regardless of the industries they are in, the lower the risk of a lawsuit may be.

Let's say that you're still looking for information about qui tam suits, in general. For those who are curious about what authorities exist, names like Whistleblowers Against Fraud are more than worth noting. When these lawsuits are discussed by companies that have worked with them for years, it's clear that relevant information will be obtained. To say that said information is useful would be an understatement, but you have to inquire so that it may be obtained.

It's unfortunate that qui tam cases are pretty common in this day and age. While this situation definitely deserves more attention, preventive measures can be taken, as mentioned earlier. These particular measures will be more than helpful when it comes to keeping the risk of suits down to a lower level. Even though this situation may very well concern people, it's not like there aren't resources worth taking advantage of, either.




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