Monthly Archives: June 2016
NLESD the Subject of Two Different Fraud Investigations
The CEO of the Newfoundland and Labrador English School District (NLESD) in Canada recently divulged that the district is currently the subject of two separate investigations for fraud. CEO Darrin Pike informed Canadian media that two different employees, one of whom is no longer employed with the district, were the subjects of the investigations. He […]
OECD Issues New Report on Worldwide Whistleblower Protections
The Organization for Economic Cooperation and Development (OECD) recently released a new report entitled “Committing to Effective Whistleblower Protection.” The publication contains information on the variety of whistleblower protection statutes in OECD countries. According to the report, more OECD countries have passed new whistleblower protection laws in the past five years than in the previous […]
CFTC Announces Record-Breaking $10 Million Award
In April, the U.S. Commodity Futures Trading Commissoin (CFTC) announced its largest whistleblower award yet: a sum of more than $10 million to a person whose information led to major enforcement action by the agency. The Securities Exchange Commission (SEC) has been the big name in whistleblower actions over the last few years, while the […]
Recent SEC, CFTC Announcements of Whistleblower Payouts
In recent years, the federal government has ramped up efforts to fight corruption in corporate settings, with whistleblowers receiving more protection and rewards for uncovering malevolent schemes within businesses and organizations. Thus, individuals have far more reason to come forward and reveal wrongdoing than ever before. The following are a few recent announcements made by […]
OSHA Outlines New Rules for Whistleblower Cases Relating to Food Safety
On April 18, the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) announced new procedural rules for investigating any whistleblower claims that specifically focus on food safety. These procedures are outlined under the Food Safety Modernization Act (FSMA). Under these new rules, employees who claim they’ve been retaliated against after exposing food safety […]
Up to 80 Percent of Execs Admit to Witnessing Bribes
In a stunning revelation from a recent Bloomberg survey, approximately 80 percent of board-level executives polled admitted to having seen bribery and other types of corruption within their organizations. Many critics say this is a sign that despite anti-bribery laws throughout the United States and internationally, the presence of corruption is still a major problem. […]
New York Whistleblower Recovers $1.1M in False Claims Act Case
A whistleblower case in New York alleging false income tax claims was settled for $1.1 million. In the case, real estate developer Asher Roshanzamir was accused of wrongfully deferring income tax payments to both the city and state of New York. The ensuing investigation performed by the state attorney general’s office uncovered evidence that he […]
Potential Exists for Whistleblower Awards for FCPA Tips
The $57 million that has been paid out in 26 whistleblower awards from the Securities and Exchange Commission (SEC) since its whistleblower protection program began has not included any Foreign Corrupt Practices Act (FCPA) tips. However, because the SEC’s program is still relatively new and foreign investigations often take a great deal of time, there […]
Whistleblower Files Lawsuit Against Volkswagen over Wrongful Termination
A whistleblower has filed a lawsuit against auto manufacturer Volkswagen, claiming he was terminated by the company after attempting to stop it from deleting evidence related to investigations into excess vehicle emissions. Depending on how this lawsuit turns out, it could have an impact on the ultimate size of the penalties imposed on the company […]
