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Jan 15, 2020 by |

California and San Francisco Whistleblower Attorneys: Reporting Trading Fraud and CFTC Whistleblower Awards

ATTORNEY NEWSLETTER

Commodity Futures Trading Commission Wants Whistleblower Help

Commission Issues Large Rewards

Fraud in Trading Gold, Virtual Currencies and More

The U.S. Commodity Futures Trading Commission (CFTC) oversees precious metal trading, and trading in other commodities, futures and options, derivatives, and virtual currency (like Bitcoin) trades. The CFTC rewards whistleblowers whose information that leads to prosecution and sanctions against the organizers of fraudulent schemes in the trading of these investments. Whistleblowers are eligible to receive between 10 and 30 percent of the monetary sanctions collected in actions where the amount of sanctions ordered exceeds $1 million. The CFTC has paid out more than $90 million in awards since its whistleblower program was created under the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.

If you have credible information of gold, commodities, securities, banking, or tax fraud in California call the Evans Law Firm whistleblower attorneys today at (415)441-8669 and we can help. Our whistleblower attorneys represent whistleblowers in CFTC cases, Securities and Exchange Commission (SEC) cases for securities fraud (related to stocks, bonds, private placements and variable annuities for example), banking fraud under the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (“FIRREA”), Internal Revenue Service (IRS) cases for tax fraud, particularly offshore tax avoidance schemes, and False Claims Act cases against corporations defrauding the government for payments or reimbursements. The government keeps whistleblower identity confidential as long as possible under the law and whistleblower laws protect whistleblowers from retaliation by their employers.  Our lawyers represent whistleblowers in their underlying whistleblower actions and also in any lawsuit for wrongful termination or other retaliation by their employer.

Whistleblowers should act promptly when they have credible information of any kind of fraud. Forty percent of all CFTC enforcement cases involve whistleblowers. Any information, as long as it is credible may spark a successful prosecution.  As the CFTC Whistleblower Officer Director Christopher Ehrman recently stated, “in some cases, whistleblowers may provide information about wrongdoing that is not completely accurate, but if any information they provide leads us to open an investigation resulting in a successful enforcement action, we will reward them accordingly.”

Contact Us

If you have information regarding a whistleblower/qui tam case in San Francisco or elsewhere in California involving the Commodities Futures Trading Commission Whistleblower Program, the Securities and Exchange Commission Whistleblower Program, False Claims Act cases, the Internal Revenue Service Whistleblower Office, banking fraud under FIRREA, or other illegal activity, contact Ingrid M. Evans and the other California whistleblower attorneys at Evans Law Firm at (415) 441-8669, or by email at <a href=”mailto:info@evanslaw.com”>info@evanslaw.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.

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"Contacted Ingrid on an elder financial abuse case - she was responsive, knowledgeable, and easy to work with. You can tell she is passionate about this area of law and has the experience to back it up. She is an excellent choice if you are looking for a results driven attorney and highly effective advocate."