The SEC is offering large financial rewards to individuals who properly expose investment fraud including accounting fraud. Further, the SEC has awarded over $387 million to over 65 individuals since issuing its first award in 2012. Sophisticated investors and financial professionals who are aware of large scale systematic fraud are encouraged to anonymously report hard to detect fraud through a bounty action lawyer. Further, whistleblower protections prevent employers from requiring former employers to release their right to file SEC Bounty Actions.
SEC Bounty Actions Require Original Information of Significant Fraud that Result in SEC Sanctions
Whistleblowers may be eligible for an award when they voluntarily provide the SEC with original, timely, and credible information that leads to a successful enforcement action. Whistleblower awards can range from 10 percent to 30 percent of the money collected when the monetary sanctions exceed $1 million.
For more information, please go to the following webpage Expose Investment Fraud.