DC Fraud Lawyer

The Security and Exchange Commission hasn’t done a good job of listening to whistleblowers over the last several years. Numerous whistleblowers have tried to contact the agency over the last decade, only to be ignored, rebuffed, and marginalized. Now that the public has seen the ramifications of the agency’s ignoring of whsitleblowers – most notably the Bernie Madoff scandal – Congress has acted. The recently passed financial reform bill provides the SEC the ability to distribute financial rewards for whistleblowers whose original disclosures of fraud lead to the recovery of over $1 million. The SEC is writing the rules for this reward system – and they want the whistleblowers to come straight to the agency, bypassing their corrupt bosses. Corporations are crying foul and pushing back, calling the program unfair. With the rules set to be finalized next April, this key provision is up in the air. Guests include: Jason Zuckerman, a whistleblower attorney at the Employment Law Group, a Washington, DC based law firm.

About us blog for the Consumer Justice Group a Washington, DC law firm with a national practice providing information, attorney representation for people who are victims of stockbroker fraud, nursing home abuse, birth injury, drug recalls, employment discrimination.

IRS awards 4.5 Million to Whistleblower LadyBlogr April 8, 2011 See IRS awards $4.5M to whistleblower The IRS awarded 4.5 million to an in house accountant that warned a company about a tax lapse in filing. the company ignored him. This led to him to informing the IRS. They have a whistleblowers reward for large companies trying to cheat the government. This led to a 20 million dollars that the company had to pay the government. The whistleblower program only promises awards for returns of $2 million or more. “This law is not designed to snag the guppies, but to harpoon the whales,” said Patrick Burns, president of Taxpayers Against Fraud, a Washington, DC-based nonprofit whose members include many lawyers for whistleblowers. Lets get more of these cheaters out there. www.infowars.com