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Whistleblower

Blowing Whistle

Financial Markets

BofA $1bn Whistleblower May Face Interest Claim

The whistle-blower helping the U.S. government mount a $1bn fraud lawsuit against Bank of America was himself accused of fraud by an investor in a financing company he co-founded, and now works at Fannie Mae, one of two entities he claims the bank defrauded.

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Financial Markets

SEC Issues First Whistleblo​wer Program Award

A whistleblower who helped the Securities and Exchange Commission stop a multi-million dollar fraud will receive nearly $50,000 — the first payout from a new SEC program to reward people who provide evidence of securities fraud.

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