The Securities & Exchange Commission announced 3 whistleblowers would be receiving approximately $125,000 for providing information about a hedge fund scam. The 3 provided helped the SEC shut down Locust Offshore Management and its CEO, Andrey Hicks. Hicks was sentenced to 40 months in federal prison on related criminal fraud charges. Although it did not […]
"Corruption Part Of County Business" – Whistleblower Post
The front page headline in this morning’s Atlanta Journal Constitution says it all – Grand Jury: Corruption Part of County Business. Some would say we are becoming immune to government corruption but thankfully most people are still outraged. A special grand jury in suburban Atlanta conducted a year long investigation and found corruption at all […]
America Needs Whistleblowers
In recent months we have railed against the lack of criminal prosecutions tied to the economic meltdown. While tens of millions of Americans remain unemployed (or underemployed / working for significantly less pay / upside down on their mortgages), no executives from America’s Too Large To Fail, Too Large To Jail banks are behind bars. […]