Whistleblower Protection Blog

Whistleblower Protection Blog

Advocating Whistleblower Rights for over Twenty Years

Monthly Archives: December 2011

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New Consumer Financial Protection Bureau wants whistleblowers to call

Posted in Corporate Whistleblowers
The newly created federal Consumer Financial Protection Bureau (CFPB) has issued a call to whistleblowers. The CFPB is seeking “knowledgeable sources with information about potential violations of Federal consumer financial laws.” They can submit their information by email to whistleblower@cfpb.gov, or they can call toll-free at (855) 695-7974. The CFPB announcement recognizes that Section 1057 of the Dodd-Frank Act creates… Continue Reading

House Subcommittee wants SEC to give companies whistleblowers disclosures

Posted in Corporate Whistleblowers, Legislation
Last week, a House Subcommittee "marked-up" a bill that would seriously undercut the strength of the whistleblower protections in the Dodd-Frank Act.  This Subcommittee is the Capital Markets and Government Sponsored Enterprises Subcommittee of the House Financial Services Committee. Their mark-up of H.R. 2483 sends it to the full Committee for consideration. Take action to stop the bill. H.R. 2483… Continue Reading

Mary Schroeder Wins Fifth Circuit Case on Credit Union Whistleblowing

Posted in Corporate Whistleblowers
Mary Schroeder worked for the Greater New Orleans Federal Credit Union (GNOFCU) as manager of the collections, lending and call center departments. On June 19, 2008, after two years with GNOFCU, Schroeder made a fateful call to the National Credit Union Administration (NCUA) to report that GNOFCU had made fraudulent loans. She also called the FBI. She reported her concerns… Continue Reading

Major Victory for Whistleblowers in Seventh Circuit Says Retaliation is a RICO Violation

Posted in Corporate Whistleblowers, Tax Whistleblowers, Whistleblower FAQ
In a landmark ruling in favor of corporate whistleblowers, the U.S. Court of Appeals for the Seventh Circuit gave the green light to Michael DeGuelle’s RICO claim of retaliation. The court’s opinion gives life to a provision in the 2002 Sarbanes-Oxley Act (SOX) that makes it a felony to retaliate against whistleblowers who provide information about corporate fraud to law… Continue Reading

“Looking for whistleblowers in all the wrong places”

Posted in Corporate Whistleblowers, Honesty Without Fear Radio
I had the pleasure today of interviewing Donna Boehme about the impact Dodd-Frank has had on corporate compliance programs. Our discussion about creating a corporate culture open to employee reports led to an interesting case detailed in her recently published column in Compliance and Ethics Professional. In the article, she talks about a group of employees at two national banks… Continue Reading

Most Americans would use Dodd-Frank whistleblower process

Posted in Corporate Whistleblowers
The New York City law firm of Labaton Sucharow released a survey yesterday that finds that 78% of Americans would report wrongdoing in the workplace if it could be done anonymously, without retaliation and result in a monetary award.  These are precisely the conditions established by the new Dodd-Frank Act whistleblower protections. However, the survey also finds that 68% of… Continue Reading

Whistleblowers Handbook, Second Edition, is released today

Posted in Corporate Whistleblowers, Environmental Whistleblowers, False Claims / Qui Tam, FBI Whistleblowers, Government Whistleblowers, News, Publications and Resources, Tax Whistleblowers, Whistleblower FAQ
The NWC is proud to announce the release of the second edition of The Whistleblower’s Handbook: A Step-by-Step Guide to Doing What’s Right and Protecting Yourself. This second edition includes a new 20–page checklist on the procedures for obtaining Dodd-Frank Act rewards from the Securities and Exchange Commission (SEC). The checklist covers the SEC’s regulations that went into effect on… Continue Reading