National Report Trade Agreement Act Fraud Day is observed annually on June 26. It was founded by former Department of Justice attorney and whistleblower advocate Joel D. Hesch, in 2018, to educate the public on the importance of reporting T.A.A. fraud, how to report the fraud, and the rewards available to whistleblowers. During the 15 years Hesch spent in the Department of Justice, he helped recover $1.2 billion from people who were cheating the government, and paid out rewards to whistleblowers worth hundreds of millions of dollars.
History of National Report Trade Agreement Act Fraud Day
The National Report Trade Agreement Act Fraud Day was founded by former Department of Justice attorney and whistleblower advocate Joel D. Hesch in 2018. Hesch now owns a law firm that specializes in representing whistleblowers and assisting them in filing for their rewards. He also published a free e-book detailing the proper method of reporting fraud against the military.
When federal government contractors supply goods in violation of the Trade Agreement Act, they have committed Trade Agreement Act Fraud. The Act states that companies with federal contracts are prohibited from using or supplying products that are imported from countries that do not have reciprocal trade agreements with the United States, doing so is regarded as fraud. Statistics prove that up to 10% of government funds is lost to fraud. It is possible that over $50 billion of military funds is lost per year. Therefore, it is important to uncover such fraudulent acts. The Department of Justice offers whistleblowers up to 30% of the amount they help to recover.
National Report Trade Agreement Act Fraud Day timeline
The Trade Act of 1974 is enacted by the U.S. Congress.
The Trade Agreements Act is enacted to approve and implement the agreements negotiated under the Trade Act of 1974.
Hesch joins the Department of Justice as a trial attorney.
National Report Trade Agreement Act Fraud Day is created by Hesch.
National Report Trade Agreement Act Fraud Day FAQs
When was the Department of Justice formed?
The Department of Justice was established on July 1, 1870.
Who is the attorney general of the Department of Justice?
The current Attorney-General of the Department of Justice is Attorney Merrick B. Garland. Garland became the 86th AG in 2021.
Are whistleblowers protected under the law?
There are several laws that protect whistleblowers from retaliation, such as the Whistleblowers Protection Act of 1989 and the No FEAR Act of 2002. Under these laws, the rights of federal employees are strengthened and protected, and increased accountability is required of federal agencies for violations of whistleblower protection laws.
How to Observe National Report Trade Agreement Act Fraud Day
Download Joel Hesch's book
Hesch's ebook is free online. Download it and learn how you can play your part in ending fraud against the government.
Blow your whistle
Are you aware of any fraud against the U.S. Government? Help to bring the perpetrators to book by blowing the whistle and reporting the fraud.
Spread the word
Tell others about the importance of ending fraud against the government. Spread the word so others can join the cause.
5 Whistleblower/Fraud Statistics
The average whistleblower reward
The average reward for a whistleblower is about $349,668.
The largest whistleblower reward
The largest whistleblower reward gotten from a single case is $50 million.
Total recovery
The Department of Justice has recovered about $3 billion from military fraud cases brought to them by whistleblowers.
The total rewards paid to whistleblowers
So far, The U.S. Department of Justice has paid whistleblower rewards worth $550 million.
Settlement payments
The Department of Justice obtained over $5.6 billion in settlements and judgments from cases involving fraud and false claims against the government in 2021.
Why National Report Trade Agreement Act Fraud Day is Important
It educates the public
This holiday brings to people's attention the negative effects of fraud, and how they can play a part in ending it. Most people are unaware of the reward program available to whistleblowers. National Report Trade Agreement Act Fraud Day raises much-needed awareness.
It curbs fraud
Fraud is a crime that has serious repercussions on not just the government, but also, the citizens. It negatively affects the economy. This day is vital in helping to curb the menace that is fraud.
Whistleblowers get recognized
Whistleblowers are heroes who risk their lives and safety to expose financial crimes. The government doesn’t allow their good deeds to go unrewarded and offers them a large percentage of the recovered amounts. This holiday reminds the public of the whistleblower’s contribution to society.
National Report Trade Agreement Act Fraud Day dates
| Year | Date | Day |
|---|---|---|
| 2024 | June 26 | Wednesday |
| 2025 | June 26 | Thursday |
| 2026 | June 26 | Friday |
| 2027 | June 26 | Saturday |
| 2028 | June 26 | Monday |
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