"I want whistleblowers to get their fair share of these rewards," says Joel Hesch, author of the definitive insider's book, Whistleblowing: A Guide to Government Reward Programs (How to collect millions of dollars for reporting fraud). Hesch, an expert on government reward programs, spent 15 years with the Department of Justice Fraud Section, helping oversee the payout of $2 billion in rewards.
If you strictly follow the guidelines and procedures, says Hesch, a large reward is likely. "The government will gladly pay up to 25 percent of what it recovers to the person reporting the fraud. Why settle for little or nothing? It's just like following a recipe. My book has the recipe."
Rewards are available for reporting fraud against any government program, such as Medicare, the military, the post office, and cheating on income tax returns. It is estimated that ten percent of $500 billion in government spending at 20 government agencies and programs is lost to fraud. Another $50 billion is lost to corporate tax evasion. That is why the government is offering huge rewards for reporting it. Because the government buys everything from office supplies and toilet paper to clothing and computers, you or someone you know may be eligible.
1 out of 5 whistleblowers received a reward.Whistleblowing walks you step-by-step through the entire process so your application is not rejected simply because you did not know how to properly navigate the system.
1 out of 25 received a million dollars.
The average reward is $1.75 million.
The largest rewards exceed $100 million.
Over $2 billion in rewards have been paid.
The author's website, http://www.howtoreportfraud.com/, also offers free information for reporting other kinds of fraud, ranging from identity theft, Internet scams, stock market fraud, and mail fraud.
Hesch currently teaches at Liberty University School of Law. He also has a private practice representing whistleblowers.