Won Whistleblower Reward in Ground-Breaking Mortgage Fraud Case
Kohn, Kohn & Colapinto represented Robert Harris, a former assistant vice president in JPMorgan’s Chase Prime mortgage division.
Kohn, Kohn & Colapinto represents bank fraud whistleblowers and mortgage fraud whistleblowers who file their cases under the False Claims Act.
Robert Harris accused the bank of failing to assist borrowers seeking Home Affordable Modification Program (HAMP) assistance and knowingly submitting false claims for government insurance based on wrongful foreclosures. He was fired after he complained internally, and Kohn, Kohn & Colapinto successfully represented Mr. Harris in a False Claims Act lawsuit.
This case was not immediately apparent that it was actionable under the False Claims case. KKC pioneered a new theory of liability to apply qui tam law in this case.
The United States government and several state governments reached a settlement agreement to resolve these lawsuits, and Mr. Harris was awarded $1.2 million under the False Claims Act for his contributions to the government’s investigation.
What are the whistleblower rewards for reporting Mortage fraud?
Violators of the False Claims Act are liable for three times the dollar amount that the fraud they committed against the government as well as civil penalties of $5,000 to $10,000 for each false claim. A qui tam whistleblower can receive between 15 and 30 percent of the total recovery the U.S. gets from the defendant. Merely informing the government about the violation is not enough. You only receive an award if, and after, the government recovers money from the defendant as a result of your suit.
Why choose Kohn, Kohn & Colapinto?
Experienced whistleblower attorneys – At Kohn, Kohn & Colapinto earned the reputation as the premier whistleblower attorneys by winning for whistleblowers for over 30 years.
Leading role in shaping the federal laws that protect and reward whistleblowers. Kohn, Kohn & Colapinto’s dedication to assisting whistleblowers led us to take a leading role in shaping the federal laws that protect and reward whistleblowers. The partners at Kohn, Kohn & Colapinto work pro bono with Congress to include strong whistleblower protections in reform legislation including the Dodd-Frank Act, the Whistleblower Protection Enhancement Act, the Sarbanes-Oxley Act, the Consumer Product Safety Act, the federal stimulus laws, and the Civil Rights Tax Relief Act. Our attorneys often testify in Congress to defend whistleblowers rights and advocate for effective legislation.
We wrote the book on whistleblower law – The partners at Kohn, Kohn & Colapinto, LLP wrote the leading books on whistleblower law and pioneered the practice area of whistleblower law. Beginning in 1985 with the first legal treatise on whistleblower law, and continuing through 2017, KKC partners have published eight groundbreaking books covering the full range of whistleblower law.
If you have knowledge of mortgage fraud or banking fraud and need a whistleblower advocate to help you with your case, please contact us.
More on the steps for filing a whistleblower lawsuit can be found in Stephen Kohn’s book, The New Whistleblower’s Handbook: A Step-by-Step Guide to Doing What’s Right and Protecting Yourself, the first consumer guide to whistleblowing. It covers nearly all federal and state laws and contains the thirty rules for whistleblowers. It is the most comprehensive and widely-read guidebook for whistleblowers and their attorneys.
For more information on mortgage fraud and banking fraud, visit The Whistleblower and Qui Tam Blog.
Read our Frequently Asked Questions (FAQs) Page: What is Qui Tam?