CFTC issues joint $2M whistleblower award. Exposing Misconduct.


CFTC issues joint $2M whistleblower award

July 2, 2019

The Commodity Futures Trading Commission announced on July 1 an award of $2 million to two “model whistleblowers” who provided the agency with “significant information” that prompted the CFTC to open an investigation. The CFTC said it found numerous violations of the Commodity Exchange Act that were “directly based on information from the whistleblowers” and […]

Taxpayer First Act Modernizes IRS and Adds Whistleblower Protections

July 1, 2019

On July 1, President Trump signed the Taxpayer First Act into law. This new bipartisan IRS reform creates for the first time anti-retaliation protections for tax fraud whistleblowers who file claims under the IRS whistleblower program. The Act closes a devastating loophole in corporate whistleblower protections, includes significant reforms to the IRS whistleblower reward law, and expands safeguards […]

Whistleblower exposes $7 billion no-bid Defense Department contract

June 30, 2019

Last decade, when American was embroiled in the Iraq War, a high-ranking U.S. Army Corps of Engineers put her career on the line to stand up to some of the most powerful men in America. She believed that a major corporation had been benefiting from a collection of well-connected contracts that were costing taxpayers tens […]

CFTC Announces Approximately $2.5 Million Whistleblower Award

June 24, 2019

The Commodity Futures Trading Commission (CFTC) announced today a whistleblower award of approximately $2.5 million to be paid to an individual whistleblower. In ordering the award, the CFTC took into account the significance of early reporting of misconduct, however, the award was reduced because of the whistleblower’s delay in reporting to the CFTC. “Today’s award […]

Men expose billion-dollar back surgery scam involving doctor kickbacks and fake hardware

June 21, 2019

Nearly a decade after Bill Reynolds and Mark Sersansie first learned about one of the most outrageous medical frauds in California history, they met with some of the patients who say they are still suffering from the devastating consequences of this scam. “After surgery, it was nothing but pain-filled days,” said patient Derika Moses. “I […]

Medicaid Billing Upcharges Prompts Oklahoma Nurse to Blow the Whistle on Hospital

June 14, 2019

Oklahoma Heart Hospital (OHH) has agreed to pay $2.8 Million to settle U.S. and Oklahoma government claims that the hospital committed Medicaid Fraud. Jennifferr Baird, a retired registered nurse, filed the complaint, which reported that her former employer, OHH was consistently billing  Oklahoma’s Medicaid insurance program inpatient rates for outpatient procedures – regardless of whether […]

SEC Issues $3 Million Award to Two Former Merrill Lynch Whistleblowers

June 12, 2019

Two former Merrill Lynch financial advisers who alleged the company made misleading statements related to a struggling investment product were the whistleblowers who received a $3 million payout by the Securities and Exchange Commission. The SEC announced the award June 3 but didn’t identify the tipsters or which case the award is connected to, in […]

Here’s What Actual Whistleblowers Want You To Know Before You Become One, Too

June 11, 2019

Boeing’s safety features and policies are under intense scrutiny after two 737 Max 8 jets crashed less than six months apart, killing everyone on board. And last week, the Federal Aviation Administration announced that more than 300 Boeing 737s may have faulty parts. In an apology about the crashes, CEO Dennis Muilenburg said, in part, that the company […]

What Happens to Whistleblowers When the Government Doesn’t Intervene?

June 4, 2019

In a long-anticipated decision–Cochise Consultancy Inc. v United States, ex rel. Hunt–the Supreme Court increased from 6 to 10 years the statute of limitations period for most whistleblowers bringing suit under the False Claims Act. The ruling greatly expands the potential exposure False Claims Act defendants face going forward. But perhaps just as important, the decision provides […]

SEC Awards $3 Million to Joint Whistleblowers

June 3, 2019

Washington, D.C.–(Newsfile Corp. – June 3, 2019) – The Securities and Exchange Commission today announced an award of $3 million to whistleblowers whose tip launched the SEC’s investigation of and subsequent successful enforcement action involving an alleged securities law violation that impacted retail investors. The whistleblowers submitted their tip jointly to the Commission and will […]

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