A PwC whistleblower has filed a False Claim Act suit against one of the largest accounting firms. The auditor exposes that it was common practice for auditors to fly on private jets paid for by the clients they are auditing.
About The False Claims Act
Congress originally passed the False Claims Act during the Civil War. It was to protect the U.S. from treacherous contactors supplying the Union with faulty weapons and failing supplies. Congress has adjusted the act over the years to become one of the government’s premier tools for policing corporate fraud.
When a knowledgeable attorney like those found at The Michael Brady Lynch Firm files a False Claims Act lawsuit, he or she files it under a seal. This means it is completely confidential. There is also a full disclosure statement in the suit, which details the evidence collected by a whistleblower. You could be entitled to 15-30% of the funds recovered. In order to receive the reward, you must be the first one to file a case under the False Claims Act. This is why it is key to pick an experienced attorney to work quickly to get your compensation.
PwC Whistleblower & Auditing Bribes
A former PwC auditor turned whistleblower is now suing his previous employer for wrongful dismissal. The man informed his boss that he saw a photo of an audit team in front of a jet belonging to the company the team was auditing. It was an example of a long list of auditing lapses he observed. It was common practice for auditors to get cozy with companies and receive perks like flying in private jets to company parties.
Also, the man noticed that a company mistakingly paid $500,000 to an external party during an email phish scam. However, the company did not flag it in the audit. This should be a huge red flag for any accounting firm, and an accountant has an obligation to notify the SEC. In fact, many companies have done similar things and created false auditing documentation to cover their tracks. Instead of praising his discoveries, PwC fired the accountant. Now, he is filing suit with the SEC and exposing the fraud.
Let Us Represent You & Your Whistleblower Claim
The Michael Brady Lynch Firm has successfully represented thousands of consumers and recovered millions of dollars for their clients. Attorneys recognize our team as some of the most experienced and successful in the country. They frequently seek out our award-winning staff for our knowledge on complex litigation, scientific evidence development, negotiation strategies, and trial tactics.
Most of all, our law office is resourceful and dedicated to pursuing any compensation. Because of this, we have received a high degree of peer recognition and professional achievement, such as inclusion on numerous Plaintiff Steering Committees. We will take whatever legal measures are necessary when fighting for your rights to damages.
Therefore, if you believe you have uncovered evidence of fraud involving a government-funded program, contact us today. Our attorneys have represented many clients in the past with complex cases. We will work tirelessly to obtain results on your behalf.