Thursday, August 1st, the Justice Department rolled out its corporate whisatleblower awards program, launching justice.gov/CorporateWhistleblower for the reporting of information about certain types of corporate crime. If the Justice Department brings a prosecution that results in the forfeiture of criminal proceeds, the whistleblower may be eligible to receive a portion of that forfeiture as a monetary award.
The Pilot Program covers four areas of corporate crime not covered by existing whistleblower regimes: foreign corruption, foreign corrupt conduct, financial institutions and fraud against private insurers.
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