Focus on Defendants’ Wrongdoing against Government & Shareholders, not Against You.

The biggest problem that I have when dealing with inquiries about whistleblower rewards is getting the whistleblower to focus on what the potential defendant did to defraud the government and/or the shareholders.  The whistleblower would rather talk about what the … Continue reading

New York’s FCA Provides Unique Incentives for Whistleblowers

In an attempt to capitalize on the success of the federal False Claims Act, many states have enacted their own version of a qui tam statute. Through the many state FCAs, a whistleblower with a meritorious claim can help state … Continue reading

The SEC Whistleblowers Award Program

On July 21, 2010, the “Dodd-Frank Wall Street Reform and Consumer Protection Act” established a whistleblower program that enables the SEC to pay an award, under regulations prescribed by the SEC and subject to certain limitations, to eligible whistleblowers who: … Continue reading

But it’s not Fraud, is it?

While I was listening to the audience respond to my presentation at a fraud specialist convention, I realized that some folks have a more narrow definition of fraud than I do.  Many accountants believe fraud is a criminal act only.  … Continue reading