Top 10 Fraud Recoveries All Came from Health Care Companies
Wednesday, December 15, 2010
Every one of the top fraud settlements reached last year by the federal government involved health care, including eight cases involving pharmaceutical companies. The largest amount recovered was $600 million from Allergan for illegally marketing Botox. Other drug makers who got busted were AstraZeneca ($520 million for illegally marketing the anti-psychotic drug Seroquel); Novartis ($423 million for unapproved promotion of Trileptal); and Forest Laboratories/Pharmaceuticals ($313 million for marketing the thyroid drug Levothroid without government approval and unlawfully promoting two antidepressants, Celexa and Lexapro, for pediatric use).
Taxpayers Against Fraud has calculated that the Department of Justice recovered $3.1 billion in Fiscal Year 2010 thanks to the False Claims Act and whistleblowers which means that it is bringing in $15 for every $1 it spends on investigations.
-David Wallechinsky
FY 2010 False Claims Act Settlements (Taxpayers Against Fraud)
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