Tag Archives: financial rewards
IRS Whistleblowers Earn $12.9 Million Award
Two whistleblowers won their fight with the U.S. Internal Revenue Service over the amount of money they could claim from a pool they helped the agency collect. Their victory could encourage more whistleblowers within federal agencies to come forward with key information. The dispute between the whistleblowers and the IRS centered on whether reward payments […]
Wall Street, Pay Attention: Whistleblowers Will Reap $45 Million in CFTC Awards in 2018
In 2010, the Dodd-Frank Act created whistleblower programs under the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). For the most part, it’s been the SEC’s program that has garnered headlines in these first eight years. However, experts believe the CFTC program is about to begin making headlines of its own. […]
SEC Hands Down $3 Million Award to Whistleblower in Fraud Case
The U.S. Securities and Exchange Commission (SEC) recently announced that it paid a whistleblower an award of more than $3 million for providing information that enabled the agency to crack a complex fraud case. This award was the third-highest amount handed out so far since the SEC established the whistleblower program several years ago. The […]
