The SEC Whistleblower Program’s report for FY 2022 reveals continued success in attracting whistleblower disclosures that significantly enhance the SEC’s ability to combat fraud and … Continued
Oh My Fraud, an irreverent podcast from CPA/comedian Greg Kyte and blogger/former CPA Caleb Newquist, interviewed SEC whistleblower lawyers Matt Stock, CPA and Jason Zuckerman about the … Continued
Although violations of OFAC sanctions are enforced primarily by the Office of Foreign Assets Control and the Department of Justice, the SEC can take enforcement … Continued
The Department of Justice has announced that during FY 2021, it obtained more than $5.6 billion in settlements and judgments from civil cases involving fraud and … Continued
Securities Fraud Whistleblowers Rewarded $37 Million The Securities and Exchange Commission (SEC) announced a whistleblower award of approximately $37 million to two joint whistleblowers who … Continued
Today Better Markets issued a compelling report documenting the success of the SEC Whistleblower Program titled SEC’s Whistleblower Program: A $5 Billion Success Story With … Continued
On December 6, 2021, the Biden-Harris Administration released the first-ever United States Strategy on Countering Corruption (Anti-Corruption Strategy). The Anti-Corruption Strategy outlines a whole-of-government approach … Continued
Earlier this week, Representatives Jan Schakowsky and Lori Trahan (D-MA) introduced the FTC Whistleblower Act of 2021 (FTCWA), which would reward and protect disclosures about … Continued
The SEC Whistleblower Program’s 2021 annual report reveals that the program is achieving significant success in attracting high-quality tips, strengthening the SEC’s enforcement of federal … Continued
On October 15, 2021, the SEC announced that it awarded $40M to two whistleblowers. According to the order, both whistleblowers provided original information to … Continued
Senator Catherine Cortez Masto recently introduced the Financial Compensation for Consumer Financial Protection Bureau (CFPB) Whistleblowers Act, which would require the Consumer Financial Protection Bureau … Continued
Promissory Note Frauds Fraudsters have recently begun to use promissory notes as vehicles to defraud investors out of billions of dollars. Most promissory note frauds share common … Continued