- $4.9 billion for 2012 is a "record recovery" for a single year, eclipsing the previous record by more than $1.7 billion.
- Total recoveries under the False Claims Act since January 2009, when President Obama took office, is $13.3 billion.
- 647 qui tam actions were filed in 2012.
- Of the $4.9 billion in recoveries, $3.3 billion resulted from suits filed by qui tam relators.
- Of the $4.9 billion, health care fraud recoveries accounted for more than $3 billion and housing and mortgage fraud recoveries accounted for $1.4 billion.
- Enforcement actions against the pharmaceutical and medical device industry were the source of the largest recoveries, such as the $1.5 billion paid by GlaxoSmithKline and $441 million paid by Merck.
- The mortgage fraud recoveries included a $900 million settlement with five mortgage companies to address mortgage loan servicing and foreclosure abuses.
- Procurement fraud recoveries totaled $427 million, bringing the total of procurement fraud recoveries to $1.7 billion since January 2009.
- Nearly 8,500 qui tam suits have been filed since 1986; 2,200 were filed since January 2009.
A. Brian Albritton
December 5, 2012