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.