Whether you want to move forward with a qui tam suit as a result of health care fraud, cyber fraud or fraud in another area, you need to have a clear understanding of your options and take action swiftly. It is essential to safeguard tax dollars and address abuse and fraud, which continues to take place far too frequently.
In fact, going over statistics on qui tam cases offers insight into the prevalence of this problem and the benefits of successfully filing a claim.
Qui tam cases in fiscal year 2021
The U.S. Department of Justice reports that during fiscal year 2021, more than 590 new qui tam cases surfaced. Among cases in which the U.S. intervened, qui tam judgments and settlements exceeded $1.6 billion. Furthermore, cases in which the U.S. declined to intervene resulted in the recovery of more than $479 million.
Qui tam cases in previous years
Justice Department data shows that previous years saw even more qui tam cases. In fiscal year 2020, 675 qui tam cases surfaced, resulting in the recovery of more than $1.7 billion. Over 700 qui tam cases came up in fiscal year 2014, leading to the recovery of more than $4.4 billion.
Qui tam cases can help the government recover funds, and a successful case can also result in a citizen securing a portion of the benefits. If you want to file a qui tam case, you should have confidence and a thorough understanding of all the details surrounding the case in order to increase your odds of a favorable end result.