ATTORNEY NEWSLETTER

IRS Whistleblower Reveals Hedge Fund Tax Fraud

Massive Tax Fraud and Multiple False Claims

Tax fraud ranges from cheating on a 1040 to massive tax avoidance schemes, often offshore, amounting to the tens of millions. One whistleblower (also known as a “relator” under some statutes) has blown the lid on an income tax fraud by a big investment fund. The whistleblower/relator brought the action, known as a qui tam, under a state false claims act. The investment fund had ignored its obligation to pay state income taxes. The government stands to recoup $40 million and the whistleblower/relator over $8 million plus attorney’s fees. If you or a loved one has credible information regarding tax avoidance or investment/securities fraud or false claims, please call the whistleblower/qui tam attorneys at Evans Law Firm, Inc. (415)441-8669, and we can help.

The Federal and California False Claims Acts each reward citizens and taxpayers who report information of fraud against the government. Both the federal and California False Claims Acts are complex statutes, and persons who are interested in bringing a qui tam action should always consult with a qualified attorney. Often false claim cases involve companies who sold defective products to the government, ran fraudulent investment schemes, cheated on their taxes or overbilled the government for services such as medical services under Medicare and Medicaid. In California, qui tam cases are very diverse and include, for example, mining companies that have filed false reports to conceal the theft of natural resources and avoid paying royalties, and financial institutions that have filed false reports with state agencies.

Bounties for successful whistleblowers and relators receive run up to as much as 30% of what the government recovers. There are certainly rewards for helping the government enforce the law. As we note above, however, the false claims statutes and cases are very complex and the process often takes several years from reporting to recovery and granting of awards. You need the help of experienced counsel. If you have credible information of tax or securities fraud or any type of false claims against the federal or State government, see advice.

Contact Us

If you have information regarding tax fraud or abusive tax avoidance or securities fraud or false claims and are looking to be a whistleblower in San Francisco County or in any California county, contact the Evans Law Firm whistleblower/qui tam attorneys at (415) 441-8669, or by email at info@evanslaw.com. Our attorneys have experience with complex qui tam or whistleblower cases, including IRS tax avoidance whistleblower cases and tax and securities fraud whistlwblowers, and cases against large insurance companies. We can help guide your case through a jury trial or toward an equitable settlement. We handle cases involving physical and financial elder abuse, nursing home abuse, whole life insurance and universal life insurance, and indexed, variable, and fixed annuities.