Former Deputy Attorney General David Ogden took his case for False Claims Act (FCA) reform to Capitol Hill Friday, telling congressional aides that the statute isn't effective at preventing fraud.
Speaking at a panel discussion hosted by the Law and Economics Center at the George Mason University School of Law, the U.S. Justice Department's No. 2 official from 2009 to 2010 said the FCA is an important tool for the U.S. government in its efforts to recover money it has lost to fraud. Since January 2009, the government has reclaimed more than $16.7 billion through FCA cases, according to DOJ.
But the law needs "modest adjustments" to put the emphasis on lowering fraud, not increasing recoveries, he said.
Affiliate publication Corporate Counsel has more.
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