In Their Own Words -- Bonifassi
Posted 03/21/17
Whistleblower Insider Blog
Whistleblower Insider is written by the Constantine Cannon law firm team of experienced qui tam and whistleblower lawyers. It is updated regularly to provide the latest whistleblower and fraud news and developments.
UBS to Face French Tax Trial After Settlement Talks Fail
Posted 03/21/17
By the C|C Whistleblower Lawyer Team
UBS AG, the Swiss bank, will stand trial in France for allegedly helping wealthy clients evade taxes by hiding funds overseas. UBS had been in settlement negotiations with French authorities, but the parties had been unable to agree on the size of the fine.
UBS reportedly rejected a settlement proposed by French prosecutors that included a fine of $1.1 billion euros (about...
Whistleblower News From The Inside -- March 21, 2017
Posted 03/21/17
By the C|C Whistleblower Lawyer Team
China Medical Technologies Executives Charged in U.S. Fraud Case – Xiaodong Wu and Tak Yung Samson Tsang, the founder and a former executive of China Medical Technologies Inc., were charged in the U.S. with stealing more than $400 million from investors in the bankrupt maker of medical diagnostic tests as part of a seven-year scheme. Bloomberg
Bill Making Some Whistleblower...
Gorsuch Supreme Court Confirmation Hearings Begin
Posted 03/20/17
By the C|C Whistleblower Lawyer Team
This morning the Supreme Court confirmation hearing of Judge Neil Gorsuch before the Senate Judiciary Committee began. In his opening statement, Senator Charles Grassley praised Judge Gorsuch as a nominee “whose grasp on the separation of powers, including judicial independence, enlivens his body of work.” Senator Dianne Feinstein, the top Democrat on the committee,...
Whistleblower News From The Inside -- March 20, 2017
Posted 03/20/17
By the C|C Whistleblower Lawyer Team
After SCOTUS’ ‘Escobar’ Decision, Courts Increasingly Sink Implied-Certification FCA Suits – Since the June 2016 Supreme Court decision in Escobar, several federal courts have strictly interpreted the viability of implied-certification suits. A recent example in US ex rel. McBride v. Haliburton in the United States Court of Appeals for the DC Circuit demonstrates this...
In Their Own Words -- Vestager
Posted 03/17/17
--"If people are concerned by business practices that they think are wrong, they can help put things right…Information can contribute to the success of our investigations quickly and more efficiently to the benefit of consumers and the EU's economy as a whole"
EU Competition Commissioner Margrethe Vestager commenting on the EU’s new anonymous whistleblower tool to report antitrust violations. Click here for more.Fraudster Of The Week -- Ben Johnson, Maker of "Drinkable Sunscreen"
Posted 03/17/17
By the C|C Whistleblower Lawyer Team
On Tuesday, the Iowa Attorney General’s Office filed suit against Osmosis LLC and Harmonized Water LLC, two Colorado-based companies that have been hawking a “drinkable sunscreen” product to consumers. The lawsuit alleges that the companies, both of which are owned by Benjamin Taylor Johnson, deceived Iowans by advertising water with properties it did not have. The...
EU Seeks to Encourage Whistleblowers in Fight Against Cartels
Posted 03/17/17
By the C|C Whistleblower Lawyer Team
EU antitrust regulators unveiled plans to help individuals blow the whistle on cartels while protecting their identity -- a move which may lead to more cases of wrongdoing being uncovered in the future.
The European Commission, which currently relies on a leniency program in which companies alert them to cartels in exchange for no sanction, said the scheme is aimed at...
Whistleblower News From The Inside -- March 17, 2016
Posted 03/17/17
By the C|C Whistleblower Lawyer Team
Ninth Circuit Holds Dodd-Frank Protects Internal Whistleblowing -- The U.S. Court of Appeals for the Ninth Circuit recently joined the Second Circuit in holding in Somers v. Digital Realty Trust that whistleblowers are protected under the Dodd-Frank Act if they report securities-law violations internally and not to the Securities and Exchange Commission. By contrast, the Fifth...
Kushner Cos Stands to Gain Millions from EB-5 Investors
Posted 03/16/17
By the C|C Whistleblower Lawyer Team
Given the Trump administration’s stance on immigration—both legal and unauthorized—and the President’s professed wariness of the People’s Republic, it comes as some surprise that Trump son-in-law and senior advisor Jared Kushner stands to gain millions from an anticipated partnership with Chinese company Anbang Insurance Group. Still more surprising is the related...