Whistleblower Group

In Their Own Words -- Traders

-- "nice works gents...I don my hat"

Traders congratulating themselves after manipulating the prices of foreign currency.  For more, click here.

DOJ Catch Of The Week -- Technology Integration Group

By the C|C Whistleblower Lawyer Team This week's Department of Justice "Catch of the Week" goes to PC Specialists Inc., doing business as Technology Integration Group (TIG).  On Tuesday, the San-Diego-based computer supply company agreed to pay $5.9 million to settle charges it inflated the price of computers sold through another company to the National Nuclear Security Administration (NNSA) for use at Sandia...

Whistleblower News From The Inside -- August 14, 2015

By the C|C Whistleblower Lawyer Team Nine banks settle charges of Forex rigging for $2 billion – HSBC, Barclays, JP Morgan, Citibank, Goldman Sachs, BNP Paribas, RBS, and UBS have agreed to settle charges that traders used chat rooms and instant messaging to manipulate foreign currency prices.  BBC U.S. authorities seizing $1 billion in bribery investigation – Authorities are attempting to seize assets...

Whistleblower Spotlight -- Hanford Whistleblower Dr. Walter Tamosaitis

By the C|C Whistleblower Lawyer Team This week's Whistleblower Spotlight features Hanford whistleblower Dr. Walter Tamosaitis, who blew the whistle on shaky clean up plans at Hanford nuclear site in Washington.  Dr. Tamosaitis was designing a way to immobilize millions of gallons of toxic and radioactive liquid waste when he discovered the Energy Department’s plans to treat the waste were extremely unsafe.  He...

In Their Own Words — Sheridan

-- “This settlement sends a message to whistleblowers everywhere that integrity and truth are worth fighting for, and that you can win if you don’t give up.”

Walter Tamosaitis’ attorney Jack Sheridan commenting on his client’s settlement with AECOM Technology following five years of litigation over allegations that Walter was retaliated against for raising safety concerns about his employer’s cleanup...

Whistleblower News From The Inside — August 13, 2015

By the C|C Whistleblower Lawyer Team Hanford whistleblower settles for $4.1 million – Government contractor AECOM Technology will pay whistleblower Walter Tamosaitis $4.1 million to settle allegations he was retaliated against for raising safety concerns about the company’s Hanford nuclear-weapons cleanup project.    Wall Street Journal Air Force seeks contractor to monitor “inside threats” – Air...

In Their Own Words -- Schwartz

-- “When we think of hackers who try to profit from their crimes, we usually think about people who steal bank account information or sell sensitive personally identifying information…the reality, as exemplified by today’s charges, is that hackers can obtain access to all sorts of valuable information and can and will profit off of it in every way imaginable.”

Matthew L. Schwartz, former federal prosecutor...

SEC Enforcement Spotlight – 32 charged in international scheme to trade on hacked news releases

On August 11^th, the SEC announced the filing of fraud charges against 32 defendants for taking part in an international scheme to profit from stolen non-public corporate earnings announcements.  See SEC Press Release The SEC’s complaint alleges that over a five-year period, two Ukrainian men, Ivan Turchynov and Oleksandr Ieremenko, used advanced techniques to hack into two or more newswire services and steal...

Wisconsin Chamber of Commerce's love/hate relationship with public-private partnerships

By Tim McCormack and Molly Knobler (published in The Hill) Last month, bucking a national trend of increased use of state False Claims Acts to pursue fraudulent Medicaid billing, the Wisconsin legislature with “no hearings or even public discussion” repealed Wisconsin’s False Claims Act.  The Wisconsin Chamber of Commerce has previously called for such a repeal arguing that rather than allow “private...

Whistleblower News From The Inside -- August 12, 2015

By the C|C Whistleblower Lawyer Team Nine charged in largest known computer hacking and securities fraud scheme -- Nine people were charged with devising an international scheme to hack into business newswires and steal yet-to-be published press releases containing non-public financial information that was then used to make trades, reaping dozens of hackers and traders more than $100 million in illegal proceeds.