Ohio is one of the few states in the country that does not have a state “false claims” law modeled after the federal “qui tam” law. A long-overdue clean-up of all the state pensions may be coming if Wall Street vendors to the public pensions can finally be prosecuted under state law for fraud.
Last week, State Reps. Jeffrey A. Crossman (D-Parma) and Paula Hicks-Hudson announced the introduction of an anti-corruption legislative package including the “Ohio False Claims Act” and a strengthened debarment statute that would require a ban of vendors who are caught committing fraud in their dealings with the State of Ohio. The Ohio False Claim Act is modeled after a federal statute that has been successful in recovering millions of dollars every year at the federal level. Ohio is one of the few states in the country that does not have a state law modeled after the federal government’s “qui tam” law.
“Ohio is potentially letting criminals get away with millions of dollars of ill-gotten taxpayer dollars by failing to adopt these long-needed and commonsense reforms,” said Rep. Crossman. “There is no reason why we shouldn’t adopt techniques like this to catch and punish fraud.”
The timing of Crossman and Hicks-Hudson’s anti-corruption package couldn’t have been better.
Earlier this year, a forensic investigation of the $90 billion-plus State Teachers Retirement System of Ohio commissioned by the Ohio Retired Teachers Association and performed by my firm, concluded that the state...
You don't have permission to access "http://www.wfaa.com/video/news/local/healthcare-fraud-takedown-accuses-13-north-texans-of-filing-false-claims/287-3a88b1b0-78df-4bb2-8cd1-51cdff8c6828" on this...