New Financial Regs = big whistleblower $

The new financial regulations passed by Congress create significant incentives for emloyees to report on employer wrongdoing. Whistleblowers providing original information related to securities fraud will be eligible to collect rewards of between 10-30% of the fines and other restitution paid to the government in excess of one million dollars. In 2008 Siemans agreed to pay 1.6 billion to settle bribery allegations. Had there been a whistleblower, he ot she would have been eligible to receive $496 million. The new laws also make it harder for companies to retaliate against whistleblowers.