Category: FIRREA Whistleblower

ATTORNEY NEWSLETTER Improper Use Of Data As False Claims Act Violation Defendant Allegedly Sold Data Obtained From Government Agencies How False Claims Cases Work Fraud against the government costs taxpayers billions every year and the majority of fraudulent claims submitted to the government for payment arise from the healthcare sector.  […]

ATTORNEY NEWSLETTER Retaliation Takes Serious Toll On Whistleblowers  Potent Remedies In Whistleblower Protection Laws Burden Of Proof And Damages All too often, whistleblowers who disclose fraud to their employers, law enforcement, or government agencies suffer retaliation by their employers.  Whistleblower retaliation takes a serious toll on whistleblowers and their families […]

ATTORNEY NEWSLETTER Rewards for Blowing Whistle On Commodities Trading Fraud Commodity Futures Trading Commission Issues Whistleblower Alert On Spoofing Spoofing And Other Commodities Trading Fraud The U.S. Commodities Futures Trading Commission (CFTC) saw a 126% increase in whistleblower tips during 2020. The 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act […]

ATTORNEY NEWSLETTER Blowing the Whistle on Bank and Lending Fraud The Financial Institutions Reform, Recovery, and Enforcement Act of 1989 Reports of Bank Fraud May Entitle You To A Reward The Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (“FIRREA”), 12 U.S.C. § 1833a et seq., and Financial Institutions […]

ATTORNEY NEWSLETTER $24.9 Million Settlement Of Mortgage Lending Requirement Violations  Lender Allegedly Issued FHA-Insured Loans To Ineligible Borrowers Whistleblower To Receive $4.98 Million Reward Fraud committed by mortgage lenders in government-insured home loans constitutes violations of applicable federal home lending and housing laws and regulations and the False Claims Act.  […]

ATTORNEY NEWSLETTER Primary Federal Whistleblower Laws And Programs  Whistleblower Awards Available Under Each Whistleblower Program Whistleblowers Also Protected From Employer Retaliation The federal government has a variety of whistleblower programs rewarding Americans for coming forth with information of fraud or false claims against the government.  Each of these programs also […]

ATTORNEY NEWSLETTER SEC Adopts New Rules And Procedural Changes  Against A Backdrop Of Increasing Whistleblower Rewards Fiscal Year 2021 On Record-Breaking Pace For Whistleblower Rewards On November 5, the U.S. Securities and Exchange Commission (SEC) announced several rule changes for whistleblower cases under the Dodd-Frank Wall Street Reform and Consumer […]

ATTORNEY NEWSLETTER Commodity Futures Trading Commission Whistleblower Tips Up 126% 2020 CFTC Awards Double 2019 Number Whistleblower Awards Now Total Over $120 Million According to a report released on November 2, 2020, the U.S. Commodities Futures Trading Commission (CFTC) saw a 126% increase in whistleblower tips during 2020. For the […]

ATTORNEY NEWSLETTER SEC Whistleblower Office Has Recovered $2.5 Billion 87 Individual Whistleblowers Have Been Rewarded Even Limited Information May Result In An Award The Whistleblower Office of the U.S. Securities and Exchange Commission (SEC) was created under the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”), Pub. L. 111-203, […]

ATTORNEY NEWSLETTER Commodity Futures Trading Commission Extend Enforcement Actions Fraudulent Trading Schemes May Violate Bank Secrecy Laws  Insiders Rewarded For Assistance And Information The U.S. Commodity Futures Trading Commission (CFTC) polices the commodities and futures markets and have extended their policing power to enforcing bank secrecy laws that commodities brokers […]