Whistleblower News From The Inside -- February 2, 2018

By the C|C Whistleblower Lawyer Team Medicare tightens oversight of opioid prescriptions – Under a proposal released Thursday, patients would have to consult their doctor and get approval from their drug plan if a new prescription puts them above recommended cumulative dose levels for morphine-like painkillers. Pharmacists could still dispense a 7-day supply of medication. WJHL Settlements for 3 Wall Street Banks Hold a Silver Lining – Three big banks were punished for...

Whistleblower News From The Inside -- January 30, 2018

By the C|C Whistleblower Lawyer Team Whistleblower lawyers see a growth area in customs fraud – "Whistleblower lawyers see room for extra business on a new front: chasing customs-linked wrongdoing ranging from failing to label imported goods to shipping rhinoceros horn across the border." WSJ Saudi authorities net $106B in corruption settlements – "A wide-reaching anti-corruption campaign shrouded in secrecy and intrigue has netted more than $106 billion in financial settlements with 56...

Whistleblower News From The Inside -- January 19, 2018

By the C|C Whistleblower Lawyer Team The DOJ Criminal Division Released its "Fraud Section Year in Review 2017" – The Criminal Division charged 301 individuals, brought in $4.6 billion in corporate U.S. criminal fines, penalties, forfeiture and restitution, and total enforcement action amounts payable to U.S. and foreign authorities amounted to $6.8 billion. DOJ Michigan Doctor Sentenced to Prison for $1.7 Million Health Care Fraud Scheme – A Detroit, Michigan-area doctor was...

Senator Grassley Proposes Important Whistleblower Amendments to GOP Tax Bill

By the C|C Whistleblower Lawyer Team Charles Grassley, the seven-term Iowa Senator and long-time whistleblower advocate, has introduced two amendments to the Senate’s “Tax Cuts and Jobs Bill” that would assist whistleblowers. One would prevent the double-taxation of certain whistleblower awards, while another would permit whistleblowers who report criminal tax frauds to collect awards from criminal fines imposed on the offending party. The first amendment, titled “To unify the tax...

Whistleblower Successes

Whistleblower reward laws and whistleblower reward programs enable qualifying whistleblowers to recover anywhere from 10 to 30 percent of the government’s recovery. These whistleblower reward laws include: the federal False Claims Act; State False Claims Acts; the Securities and Exchange Commission Whistleblower Program; the Commodity Futures Trading Commission Whistleblower Program; and, the Internal Revenue Service Whistleblower Program. We have collected summaries of recent successes in cases brought by whistleblowers, and...

CFTC Enforcement Actions

The Commodity Futures Trading Commission (CFTC) is the United States agency with primary responsibility for enforcing the Commodity Exchange Act (CEA) and regulating commodity futures and related markets. Whistleblowers with knowledge of violations of laws and regulations enforced by the CFTC can submit a claim under the CFTC Whistleblower Reward Program, and may be eligible to receive a monetary reward and protection against retaliation by employers. Below are summaries of...

Whistleblower Types

Do you have information about fraud or misconduct? What are the types of whistleblowing? If you have information about fraud and other unlawful activity, you may be wondering about becoming a whistleblower. Who can be a whistleblower, and how? What laws protect whistleblowers? How can whistleblowers receive a financial reward? On these pages, we describe many of the types of fraud and misconduct – across different industries and contexts –...

JPMorgan Whistleblowers Set to Reap Record $61 Million Bounty

By the C|C Whistleblower Lawyer Team Two whistleblowers are apparently set to share a record $61 million award from the SEC for helping make the case that JPMorgan Chase & Co. failed to disclose to wealthy clients that it was steering them into investments that would be most profitable for the bank. The SEC issued letters notifying six whistleblower applicants of the preliminary decision. The letters said that two of...

Whistleblower News From The Inside -- June 12, 2017

By the C|C Whistleblower Lawyer Team Goodwill Employee Expected Sympathy After He Saw Co-Worker Crushed. But He Was Fired -- Seven days after he saw his co-worker die, crushed by heavy equipment, Dave Goudie returned to work at the Goodwill Outlet on Franklin Boulevard. Goudie, a commercial driver, thought he was psychologically ready to resume his $16.50-an-hour job after a week of paid administrative leave. He said he assumed his bosses...

Whistleblower News From The Inside -- May 23, 2017

By the C|C Whistleblower Lawyer Team CFTC Strengthens Anti-Retaliation Protections for Whistleblowers and Enhances the Award Claims Review Process -- The U.S. Commodity Futures Trading Commission (CFTC) unanimously approved amendments to the CFTC’s Whistleblower Rules that will, among other things, strengthen the CFTC’s anti-retaliation protections for whistleblowers and enhance the process for reviewing whistleblower claims. CFTC U.S. Accuses Massachusetts Hedge Fund Manager of Fraud -- A Massachusetts hedge fund manager has been...