Whistleblower News from the Inside - May 20, 2014

By the C|C Whistleblower Lawyer Team

Credit Suisse agrees to guilty plea for criminal wrongdoing and $2.6B fine — It is the first major bank to do so since Drexel Burnham Lambert in 1989.  NYT

Former WellCare CEO Todd Farha sentenced to 3 years of prison for Medicaid fraud – The sentence comes on the heels of the company’s $137M whistleblower qui tam settlement and $80M settlement of a criminal investigation.  DOJ

SCOTUS to decide whether air marshal should be protected as whistleblower — The Supreme Court agreed to a request from the Obama administration that the justices review a lower court’s decision that former federal air marshal, Robert J. MacLean, may have been unfairly fired for going to the media about a security plan with which he disagreed.  Washington Post

Will Scotland offer Snowden asylum? – Following NSA whistleblower Edward Snowden’s election as Rector of Glasgow University earlier this year, petitioners in Scotland urged the government to grant Snowden political asylum now, conditional on whether Scotland becomes an independent country after its vote in September.  Daily Record UK

Are external audits a poor tool for fighting fraud? —  According to a study released by the Association of Certified Fraud Examiners, audits are ineffective at uncovering fraud, with more than twice as many frauds uncovered by accident.  CNBC