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Whistleblower News From The Inside — December 11, 2015

Posted  December 11, 2015

By the C|C Whistleblower Lawyer Team

Accutest Laboratories settles whistleblower case — New-Jersey-based Accutest Laboratories will pay $2 million to resolve allegations that it deviated from both federal and state requirements for safe and environmentally-friendly extraction and testing of certain compounds, thereby submitting false claims to the State and its agencies for payment.   NJ Attorney General

JPMorgan broker turned whistleblower speaks about retaliation – A former top producing JPMorgan broker, Johnny Burris, says he was pressured to push JPMorgan’s products rather than act in his clients’ best interests.  He complained repeatedly to his supervisors.  Then came the blowback.  He was fired and JPMorgan filed phony customer complaints against him in an effort to smear his name. Dealbook

After three years, SEC whistleblower still waiting for award? —  The unnamed tipster filed a petition Thursday asking the court to compel the SEC to determine within 60 days if he or she is eligible for compensation under the agency’s whistleblower program after providing information that the whistleblower claims resulted in a $1 million settlement with the SEC. WSJ

Billionaire Chinese businessman disappears amid corruption crackdown — A tycoon known as China’s Warren Buffett has gone missing, prompting speculation that he has been ensnared by president Xi Jinping’s anti-corruption campaign and causing shares in the Hong Kong-listed subsidiary of his company to be suspended.  The Guardian

Five fraud predictions for 2016 – Topping the list is social networks helping fraudsters target victims as the networks become more easily searchable and contain more personal information.  CNBC