SEC Gives Whistle-Blower $110 Million in Payout

Article (Bloomberg) — The U.S. Securities and Exchange Commission awarded $110 million to a tipster whose information resulted in enforcement actions, bringing total payments under the agency’s whistle-blower program to more than $1 billion. The tipster’s award, the second-largest ever, …

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Danske Bank Laundromat Whistle-Blower Says Complex Web of Big Banks Involved, Deutsche Bank moved $150B through U.S. Unit

by J-LG https://www.bloomberg.com/news/articles/2018-11-19/danske-whistleblower-points-finger-at-deutsche-bank-in-testimony Deutsche Bank is being drawn deeper into the widening money-laundering scandal surrounding Danske Bank. Whistle-blower Howard Wilkinson, who stunned a parliamentary hearing with an assertion that he was offered hush money by the Danish lender, estimated that …

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