Financial Industry Whistleblowers
The Government’s Whistleblower Program and Awards
Government prosecutors need your help in prosecuting financial fraud and will reward you if your information leads to a recovery. The Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (“FIRREA”) and Financial Institutions Anti-Fraud Enforcement Act of 1990 (“FIAFEA”) offer rewards to whistleblowers with original information about certain illegal conduct by financial institutions and their employees. Government prosecutors use FIRREA and FIAFEA to bring enforcement actions because civil prosecutions under those acts have a lower burden of proof than criminal prosecutions and a longer statute of limitations (10 years), and because Courts have broadly interpreted the scope of those laws. Rewards run as high as $1.6 million for whistleblowers when the government recovers $10 million or more from wrongdoers. It pays to come forward with information!
That’s where the California and San Francisco whistleblower attorneys at Evans Law Firm, Inc. can help you. If you have credible, original information of bank misconduct, our lawyers can organize your information into a whistleblower application or declaration under the relevant rules. Misconduct actionable under FIRREA/FIAFEA includes:
- Money laundering;
- Bad loan underwriting/servicing violations;
- Mail fraud;
- Wire fraud;
- Making false statements or false entries in books and records;
- Receiving commissions or gifts in exchange for procuring loans;
- Embezzlement or misapplication of funds by a bank officer or employee;
- Use of false statements with respect to loan applications;
- Defrauding or attempting to defraud a bank;
- False statements and overvaluing of securities;
- Presenting a false claim to the government; and
- Concealment of assets from a government conservator, receiver or liquidator of a bank.
If you have original information of any of these frauds committed by a bank or other financial institution in California call us today at (415)441-8669 and we can help. Our whistleblower attorneys also represent whistleblowers in cases brought under the False Claims Act for false claims for government payments; Securities and Exchange Commission (SEC) whistleblower cases for securities fraud (related to stocks, bonds, private placements and variable annuities for example); Internal Revenue Service (IRS) whistleblower cases for tax fraud, particularly offshore tax avoidance schemes; and Commodities Future Trading Commission (CFTC) cases involving fraud in the trading of commodities, futures, options, currencies and virtual currencies (like Bitcoin). Your information may lead to more than one kind of whistleblower application and our lawyers will help determine the best way for your case to proceed. Each of these government programs protects you from employer retaliation for blowing the whistle on fraud and our attorneys can represent you in any case for retaliation or wrongful termination as well.
If you have information regarding a whistleblower/qui tam case in San Francisco or elsewhere in California involving the FIRREA/FIAFEA cases, the Commodities Futures Trading Commission Whistleblower Program, the Securities and Exchange Commission Whistleblower Program, False Claims Act cases, the Internal Revenue Service Whistleblower Office, the FINRA Whistleblower Office or other illegal activity, contact the California whistleblower attorneys at Evans Law Firm at (415) 441-8669, or by email at <a href=”mailto:firstname.lastname@example.org”>email@example.com</a>. Our attorneys have experience with complex financial contracts and large insurance companies. We can help guide your case through a jury trial or toward an equitable settlement. We also handle cases involving physical and financial elder abuse, qui tam and whistleblower law, nursing home abuse, whole life insurance and universal life insurance, and indexed, variable, and fixed annuities.