Whistleblower Suit Settles for $15.4 Million

Defrauding the federal government by overcharging for construction materials has resulted in a $15.4 million settlement.
A whistleblower lawsuit under the False Claims Act was filed by Donald Farrow accusing a number of companies and individuals of overcharging the federal government for construction materials by bid-rigging and price-fixing marine hose and marine fenders sold to the Navy and other agencies.  The case was settled for $15.4 million.

Whistleblowers under the False Claims Act stand to recover 15-25% of the sums gained by companies, corporations or individuals gained by defrauding the federal government.

Source: San Francisco Chronicle