Types of Whistleblower Cases
Dodd Frank Wall Street Reform and Consumer Protection Act Fraud
The Dodd-Frank Act provides a whistleblower program that rewards individuals who assist the Securities and Exchange Commission (SEC) in uncovering securities violations and inside trading, including Foreign Corrupt Practices Act (FCPA) violations.
The federal government uses the Foreign Corrupt Practices Act (FCPA) to prosecute and punish those individuals who violate securities laws or bribe foreign officials.
A few examples of conduct that may be covered by Dodd-Frank are:
- Ponzi schemes, insider trading, accounting fraud, unauthorized trading, briber, market manipulation.
- Misleading statements or failure to make necessary statements in public filings.
- Misrepresentations made in connection with sales of securities or commodities.
- Improper promotion and sale of risky investments.
- Skimming or other improper diversion of funds.
TYPES OF WHISTLEBLOWER CASESMilitary and Department of Defense Contractors Medicare Fraud or Fraud in Health Care Billing Corporate Financial Misconduct and Securities Fraud Dodd Frank Wall Street Reform and Consumer Protection Act Fraud Substantial IRS and Tax Fraud Pharmaceutical and Medical Device Kickbacks and Off-Label Marketing Cases Federal Mineral Lease Payment Fraud (oil, natural gas on federal lands)
01/10/2019 TAF Take: FY18 DOJ False Claims Act Statistics
Recently released fraud statistics from the Department of Justice do not leave whistleblowers, their attorneys, or good-government advocates with a particularly rosy picture of 2018. Although the number of new qui tam cases fell only slightly — to 645 in 2018 from 680 in 2017 — the total value of recoveries in qui tam matters … Continue reading TAF Take: FY18 DOJ False Claims Act Statistics The post TAF Take: FY18 DOJ False Claims Act Statistics appeared first on Taxpayers Against Fraud Education Fund.…READ MORESource: TAF Education Fund Blog