For Banks, It’s All About the Money – Whistleblower Post
Wells Fargo is in the news again. America’s third largest, $1.8 trillion bank must pay $185 million in fines and penalties for opening millions of credit card and bank accounts without their customer’s...
View ArticleCyberhacking | Cybersecurity Whistleblower Awards
Chances are pretty good that you or someone you know has been the victim of cyberhacking. We live in a digital age today and unfortunately, our digital infrastructure is vulnerable to a wide range of...
View ArticleArab Company Tries to Dodge Whistleblower Suit
Trying to sue a company that claims it is based in Kuwait is no easy task. Whistleblower Kamal Mustafa Al-Sultan, himself a Kuwaiti, is learning that lesson after suing Public Warehousing Co KSC in...
View ArticleCross-Selling, Wells Fargo and Whistleblower Awards
“A lot of us are worried that perhaps there’s similar goings-on in other banks.” Those words were spoken by Senate Banking Committee Chairman Richard Shelby at a hearing this week to look into how...
View ArticlePissed Off Yet? (Wells Fargo Whistleblower Post)
The ink isn’t even dry on yesterday’s Wells Fargo post and already we have heard from two former employees… One who says that the problems with cross-selling are worse than reported and one who said...
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Whistleblower News Review
Defense Contractor Cybersecurity Breaches Bring Wave of Cyber Whistleblower Opportunities by ML McLaren | Link to original source (126K) Failure to report cyberattacks among Department of Defense (DOD)...
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Whistleblower News Review
Failure to Report Bank Cybersecurity Breaches or Cyber Inadequacies Next Whistleblower Op by Allison Watts | Link to original source (124K) Financial institutions who fail to secure computer networks...
View ArticleBenistar Founder in Jail – Finally (419 Plans Post)
Some people say cats have nine lives. Read this story and you will be convinced that the founder of a 1031 exchange company, Daniel Carpenter, has even more than that. For now, however, Carpenter is...
View ArticleDOJ Whacks Regions Bank $52mm (Qui Tam Post)
Earlier this month, the U.S. Department of Justice announced that Regions Bank must pay $52.4 million to settle charges that it was underwriting shoddy loans. The Birmingham, Alabama bank that...
View ArticleWatching the Hawks [Video]
Blowing the Whistle on Corporations w/ Brian Mahany Link to original source Tabetha Wallace and Tyrel Ventura are joined by Brian Mahany, author of the book “Saints, Sinners & Heroes.” Joins us...
View ArticleKwashiorkor, Upcoding, Medicare Fraud & Whistleblower Awards
Kwashiorkor and upcoding are not household words in the U.S. Many folks in the healthcare industry know the terms however. And in a weird way, they are usually related, at least in this country. We...
View ArticleShell Caught Double Dipping, Loses $170mm – Whistleblower Post
Double dipping – the dictionary defines the practice as “obtaining an income from two different sources, typically in an illicit way.” Thanks to an alert whistleblower, Shell was caught with its hands...
View ArticleBREAKING NEWS: Feds Bar Tax Cheats from Government Contracts
Finally common sense in Washington? Minutes ago federal contracting officials finalized a series of rules designed to keep tax cheats and felons from receiving government contracts. That it took so...
View ArticleBB&T Pays $83 Million Settles Mortgage False Claims Act Beef
Underwriting fraud is certainly back in the news these days. Earlier this week we posted a story about Regions Bank and their $52 million settlement with the Justice Department. Now the bank in the...
View ArticleHealth Information Coder to Get $5 Million Award
Coders and billing professionals are the backbone of the healthcare industry. Without proper coding, doctors, therapists and hospitals don’t get paid. Because of their unique position within the...
View ArticleWhistleblower Gets $228,750 in Chinese Import Case
Once upon a time, North Carolina was the source of much of America’s furniture. Today, many of those manufacturing jobs have gone offshore. We can’t stop furniture from being imported from China and...
View ArticleAnatomy of a Fraud – U.S. v Allied Home Mortgage Goes to Trial
Allied Home Mortgage was once the largest privately held FHA lender in the United States. It wrote more mortgages than many big banks. That all came to a crushing halt in November 2011 when the U.S....
View ArticleDOJ Investigating Standard Chartered – FCPA Whistleblower Post
The U.S. Department of Justice is reportedly investigating Standard Chartered PLC over allegations the company paid bribes to foreign government officials. The allegations concern an Indonesian power...
View ArticleMedically Unnecessary Therapy – Medicare Fraud Post
Earlier this week I was asked to comment on medically unnecessary therapy and Medicare fraud. The comments were for a Texas newspaper. Texas is a state that loses an estimated $3.2 billion each year...
View ArticleUniversities Newest False Claims Act (Whistleblower) Target
U.S. colleges and universities receive hundreds of billions of tax dollars each year. Much of that money is earmarked for research. Teaching hospitals get their fair share of tax dollars too, both...
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