The SEC’s whistleblower program paid out a record $57 million to 
whistleblowers in Fiscal Year 2016. That figure is higher than all previous awards issued through the SEC whistleblower program combined.
According to the agency’s 2016 annual report to Congress, available here, the Office of the Whistleblower received over 4,200 tips and enforcement actions led to $584 million in financial sanctions. The number of tips the office received reflects a 40% increase over FY 2012, the first year the office recorded full-year data. According to the report, the increase in tips is due in large part to the growing awareness of the whistleblower program.
The human population is growing at a rapid pace, and in the U.S., this growing population is also aging. The babies born after the Second World War, often referred to as “Baby Boomers,” are now reaching retirement age and eligible for Medicare. The Kaiser Family Foundation reports that almost 10,000 Baby Boomers turn 65 on a daily basis! That’s almost 90 million Baby Boomer eligible for Medicare by 2050. 
In an April 2016 study released by the IRS, the government reported that an average of $406 billion in taxes was not collected each year between 2008 and 2010. The IRS euphemistically calls this the “tax gap,” i.e., the difference between what taxpayers owe and what they actually pay.
After receiving a hefty check in settlement of a False Claims Act case, one of our client relators presented us with a mug saying “G-D Bless NAMFCU.” He wanted to recognize the vital role that NAMFCU played in the investigation, prosecution and settlement of his case. But most relators, especially at the outset of their case, do not know anything about NAMFCU (pronounced Nam-Foo-Koo), or how that organization plays a vital role in assisting relators pursue Medicaid fraud claims brought through a qui tam case. 
Qui tam whistleblowers who filed cases under the False Claims Act returned nearly $3 billion into the federal treasury in Fiscal Year 2015, according to the