As part of our #GivingTuesday campaign this year, the National Whistleblower Center is highlighting the stories of several whistleblowers who spoke at the 2019 National Whistleblower Day celebration.

Eugene “Gene” Ross is a former Bear Stearns employee who uncovered the Amerindo Investment Advisor fraud in September 2004.

The principals of Amerindo – Alberto Vilar and Gary Tanaka – misappropriated at least $5 million from a client and made false and misleading statements. In November 2008, they were convicted for defrauding investors.

Gene was a witness for the Department of Justice and testified at the trial; an internal memo he wrote documenting the fraud was also used as evidence.

Because Gene blew the whistle, Vilar and Tanaka went to prison. The Amerindo victims got most of their money back. Without him, none of this would have happened.

But his honesty came at a price – Gene was heavily retaliated against by Bear Stearns. He was chastised, fired, and sued. In 2010, he was forced to declare personal bankruptcy.


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On December 3, the National Whistleblower Center will once again launch its end of year fundraising campaign by participating in #GivingTuesday.

#GivingTuesday is a global day of giving that is fueled by the power of social media and harnesses the collective power of individuals, communities and organizations worldwide to encourage people to donate to