whistleblowers
By Selena Maranjian, The Motley Fool
| 6:15PM 9/21/2011
If you have proof of financial crime -- corporate malfeasance or tax evasion, say -- you shouldn't keep it to yourself: Rewards for whistleblowers can reach as high as 15 to 30 percent of the money recovered by the government. Read on for some recent examples of richly rewarded whistleblowing, as well as tips for anyone thinking of blowing the whistle.
| 10:00AM 2/04/2011
Whistleblowing firm Ven-A-Care has recovered $2 billion for taxpayers by suing drug companies that overcharge the government and create windfalls for participating pharmacies. It also has made $380 million for itself. What's the problem with that?
| 11:10AM 10/30/2010
A new report from from the Securities and Exchange Commission shows that the agency has set aside $452 million to establish a new "whistleblower" fund.
Earlier this year, as part of sweeping financial reform regulation, the SEC received more authority to pay whistleblower awards and enhance the...
| 8:30AM 7/02/2009
The SEC figures it is having trouble catching the bad guys. It has taken a lot of blame for missing signs of Bernie Madoff's schemes. Two of its own lawyers may have been involved in insider trading.
The solution, according to the agency's inspector general, is to aggressively offer incentives to...