Whistleblower News from the Inside - September 23, 2014
By the C|C Whistleblower Lawyer Team
SEC fines Wells Fargo Advisors — The $5 million dollar fine is in response to a Wells Fargo broker using private customer data to make stock trades. Washington Post
Joseph Gordon-Leavitt to play Snowden? — The actor is apparently in talks to play Edward Snowden in an upcoming Oliver Stone movie detailing Snowden’s path from blowing the whistle to asylum in Russia. NME
San Francisco woman exposes massive fraud at investment firm — Former investor gets credit for taking down an investment company that scammed thousands of investors out of millions of dollars and led to the conviction of company executives. San Francisco
JPMorgan off the hook in VA — Virginia Attorney General Mark R. Herring drops JPMorgan from mortgage securities fraud lawsuit against the country’s biggest banks, after learning that his predecessor Ken Cuccinelli had already struck a confidential settlement with the bank. Washington Post
Former owner of California medical supply company sentenced — Akinola Afolabi received a 30 month prison term and was ordered to pay almost $1.5 million for his role in a scheme to defraud Medicare by billing for unnecessary power wheelchairs. DOJ
Legislation proposed to strengthen inspector generals — The Inspector General Empowerment Act would give watchdogs more subpoena power, but would bolster oversight of the inspector generals as well. Fiscal Times