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GoLeft TV

(3,910 posts)
Tue Sep 10, 2013, 09:32 AM Sep 2013

Whistleblowers Help Curb Corporate Fraud



Every year, billions of dollars worth of federal contracts are awarded to corporations. These contracts run the gamut from pharmaceuticals to weapons, and it is close to impossible to find an industry taking money from the government that hasn’t at least attempted to take advantage of the system.

Corporations attempting to rip off the federal government is as old as the United States itself. But it was during the Civil War that President Abraham Lincoln finally decided to act. After seeing how badly the government was being ripped off by contractors for things like shoes and mules, President Lincoln signed the False Claims Act into law that gave whistleblowers the power to come forward and expose the misdeeds of corporate America.


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