National Report Pharmaceutical Fraud Day is observed annually on January 23 in the United States. The day aims to raise awareness about the significant issue of pharmaceutical fraud, which reportedly accounts for 10% of all Medicare funds lost, equating to approximately $65 billion annually. The observance encourages whistleblowers to report fraudulent activities, highlighting that they may receive substantial rewards for their disclosures. Two primary methods for reporting pharmaceutical Medicare fraud are available: through the U.S. Department of Justice (DOJ) Whistleblower Reward Program or directly to the Centers for Medicare & Medicaid Services (C.M.S.). The initiative seeks to educate the public on how to report fraud effectively, with the hope that increased awareness will lead to a reduction in fraudulent practices within the pharmaceutical industry.