It pays to be a whistleblower these days. Both the federal government and individual whistleblowers are reaping rewards from the False Claims Act (FCA). The government raked in a cool $3.03 billion in FCA recoveries in the fiscal year ended Sept. 30, 2011, according to a study published last week by law firm Gibson, Dunn & Crutcher.
Last year’s haul marked the second year in a row that the government pulled in more than $3 billion in FCA recoveries, and the third-largest recovery on record. Since 2009, the government has recovered more than $8.7 billion.