Why a compliance program?

In today's environment, a compliance plan is the most effective strategy to reduce the risk of being the target of a federal investigation and enforcement action. That risk is now greater than it has ever been.

The government can recover triple its damages plus a penalty of between $5,000 and $10,000 for each fraudulent request for reimbursement under the False Claims Act.

Under U.S. Sentencing Guidelines (56 Fed. Reg. 22762), lesser penalties are mandated for companies that have effective compliance programs in operation¹.

The new qui tam law suits filed by whistleblowers on behalf of the government can share as much as 30% of any recovery.

"It is not unusual for disgruntled former employees, competitors, or even participants in wrongdoing, to bring suits on weak or non-existent grounds with the hope of crippling a business or enriching themselves." "New Developments Under The False Claims Act, Arent Fox Kintner Plotkin & Kahn, PLLC. Read about it

References
(1). United States Sentencing Commission Guidelines, Sentencing for Organizations, (56 Fed. Reg. 22762, May 16, 1991)