The whistleblower who helped to reveal a major money laundering scandal at Denmark's largest bank, Danske Bank (DANSKE.CO), will testify before the European Parliament and the Danish Parliament at two events in November.
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The allegations resolved by this settlement include a whistleblower lawsuit filed under the False Claims Act by a former employee of a related UAMC entity, Kat Nguyen-Seligman.
A former employee of two Alabama doctors convicted of operating a pill mill may not intervene in their criminal case to claim a cut of funds they forfeited as a reward for pursuing a related whistleblower case, a federal appeals court has ruled.
Thanks to the ruling, as long as their employment contract is local they can now leak information on suspected tax evasion or other shenanigans without fear of falling under Switzerland's draconian secrecy law, which imposes jail terms of up to five years on whistleblowers.
No one knows how much dirty money is rinsed through London, but Britain's National Crime Agency (NCA) reckons British banks and their subsidiaries (including those in overseas territories) launder "many hundreds of billions of pounds" each year.
Inside the ongoing argument over whether Bitcoin, Ethereum, and the blockchain are transforming the world.
It took a whistleblower who is a former Danske official to spark serious investigations into the tiny Estonian unit, which handled more than $235 billion in non-resident transactions from 2007 to 2015 - including an untold amount that was due to money laundering.
Through its investigation under the False Claims Act, the United States determined that Arena Americas paid Military Training Solutions to bid on and obtain small business contracts that ultimately would be performed by Arena Americas.
Cryptocurrency critic Nouriel Roubini, the economist who's famous for foreseeing the 2008 financial crisis, is back in the headlines again, and this time it's because he's dissing digital money in front of the U.S. Senate.
In an age where information is tightly controlled by image-makers, spin doctors and gatekeepers, real scandal can often only be revealed with the help of whistleblowers.
HSBC Holdings Plc will pay $765 million to settle allegations that it sold defective residential mortgage-backed securities, resolving one of the last remaining U.S. investigations stemming from the mortgage meltdown a decade ago.
This charade continued for about a decade until major allegations were made against the company and the board for conducting fraudulent and incorrect testing.
The Securities and Exchange Commission today charged a Virginia real estate developer with skimming investor funds that were intended for use in purchasing an office building near the site of a planned commuter rail station on the Washington Metropolitan Area Transit Authority's Silver Line.
The Securities and Exchange Commission has filed an emergency action and obtained an asset freeze against two individuals and their companies in a scheme that generated more than $165 million of illegal sales of stock in at least 50 microcap companies.
Ticketmaster and its parent company Live Nation are facing a class-action lawsuit over allegations that it facilitated scalping of live event tickets.
Four whistleblowers including Michael Mullen, a former chief operating officer at AmerisourceBergen Specialty Group, will share $99 million from the payout, lawyers for Mullen said.
Critics are questioning the motives behind a banking giant's socially responsible investment strategy.
Tesla CEO Elon Musk has been sued by the Securities and Exchange Commission for fraud, according to court documents filed Thursday.
Uber will pay $148m and tighten data security after the ride-hailing company failed for a year to notify drivers that hackers had stolen their personal information, according to a settlement announced on Wednesday.
"Whistleblowers, whether they are located in the U.S. or abroad, provide a valuable service to investors and help us stop wrongdoing," said Jane Norberg, Chief of the SEC's Office of the Whistleblower. "This award recognizes the continued, important assistance provided by the whistleblower throughout the course of the investigation."
