Whistleblower Protection Blog

Whistleblower Protection Blog

Advocating Whistleblower Rights for over Twenty Years

Tag Archives: corporate fraud

Calling All Corporate Whistleblowers – Continued

Posted in Corporate Whistleblowers
Today, the Securities and Exchange Commission Office of the Whistleblower website posted 15 new covered actions that will now be considered for a whistleblower award. A whistleblower must submit a timely application for an award in a covered action within 90 calendar days. The SEC’s website is a vital resource for whistleblowers and their counsel to navigate the SEC whistleblower… Continue Reading

Upcoming: June Corporate Whistleblower CLE Seminars

Posted in Events
The National Whistleblowers Center will be hosting a series of seminars this summer. The first two are in Denver on June 23rd and in San Francisco on June 27th. Stephen Kohn, Executive Director at the National Whistleblowers Center will host his seminar entitled The NEW Corporate Whistleblower Protections and Reward Provisions. The event in Denver will be held at the… Continue Reading

NWC Urges Public to Take Action to Prevent the Corporate Lobby from Destroying Whistleblower Protections

Posted in Corporate Whistleblowers
As reported today in the Washington Post, the SEC's Proposed Rules unlawfully restrict the ability of whistleblowers to make their disclosures and reverse the progress of Dodd-Frank in exposing corporate fraud and corruption. You do not need to believe NWC Executive Director Stephen Kohn that the "Commission is cooking the goose that can lay the golden egg," just ask the SEC! Astonishingly, the SEC admits its rules...… Continue Reading

Congress Passes Major Whistleblower Reforms as Part of Wall Street Reform Bill

Posted in Corporate Whistleblowers
The Wall Street Reform and Consumer Protection Act (H.R. 4173) passed 60-39 by Congress today includes a number of provisions designed to protect employees who report fraud in the commodity and stock exchanges. This is one of the most important whistleblower laws ever passed. The NWC has compiled the sections of this bill that pertain specifically to whistleblowers with a one-sentence summary of each...… Continue Reading

New Article Offers In-Depth Coverage of Stroupe Case

Posted in Corporate Whistleblowers
Richard Renner recently posted discussion of BB&T bank's refusal to reinstate whistleblower Amy Stroupe. An article, appearing today on Thebigmoney.com gives us a more in-depth look at the case. While working at BB&T bank, Stroupe was an investigator who uncovered a $20 million ponzi scheme. Discovering potential real estate fraud, she informed her superiors and persistently pursued the case. As a result, she was terminated.… Continue Reading

In Other Whistleblower News…3 More Important Stories

Posted in Corporate Whistleblowers, False Claims / Qui Tam, News
If you haven’t noticed, we have been really focused on passing stronger whistleblower laws in the economic stimulus bill. We had a major success when the bill passed the House of Representatives, and now we are moving on to the Senate. Although this legislation is the major whistleblower story this week, there are a few other stories on our radar,… Continue Reading

Encouraging Whistleblowers

Posted in Corporate Whistleblowers, News
Today’s Christian Science Monitor has an excellent article on what companies need to do to encourage whistleblower reports. Employers large and small should be thinking about this especially because fraud reports are rising as the economy falters.… Continue Reading

Audit Firm Finds White-Collar Fraud and Whistleblower Complaints Are on the Rise

Posted in Corporate Whistleblowers
A leading global risk-management company, Kroll, Inc., has issued a new report finding that one of the unfortunate byproducts of our current global financial crisis will be an uptick in white collar crimes, particularly corporate fraud. As the Kroll report describes the situation, companies experiencing lean profits will have increased incentives to engage in fraudulent behaviour. More companies ‘cooking the… Continue Reading