Google's secret cache of medical data includes names and full details of millions – whistleblower

THE GUARDIAN

A whistleblower who works in Project Nightingale, the secret transfer of the personal medical data of up to 50 million Americans from one of the largest healthcare providers in the US to Google, has expressed anger to the Guardian that patients are being kept in the dark about the massive deal. read more »

CFTC payouts to whistleblowers and tips received drop in FY2019

COMPLIANCE WEEK

The Commodity Futures Trading Commission (CFTC) awarded more than $15 million to five whistleblowers in fiscal year 2019, according to the agency’s annual report to Congress. The independent agency also fielded 455 whistleblower tips, complaints, and referrals last fiscal year.

In contrast, in FY2018, the CFTC paid more than $75 million to five whistleblowers and received 760 whistleblower tips, complaints, and referrals. read more »

Former Senior Alstom Executive Convicted at Trial of Violating the Foreign Corrupt Practices Act, Money Laundering and Conspiracy

DEPARTMENT OF JUSTICE

A former senior executive with Alstom S.A., a French power and transportation company, was found guilty today for his role in a multi-year, multimillion-dollar foreign bribery scheme and a related money laundering scheme. read more »

Owners of Binary Options Company and 13 Other Individuals Charged In $140 Million Fraud Scheme

DEPARTMENT OF JUSTICE

Fifteen individuals, including two former company owners, were charged in a superseding indictment unsealed today for their alleged participation in a scheme to defraud investors in the United States and worldwide by fraudulently marketing approximately $140 million in financial instruments known as “binary options”. read more »

CFTC Orders Wells Fargo to Pay Over $14 Million for Violating Swap Dealer Business Conduct Standard

CFTC

The U.S. Commodity Futures Trading Commission today issued an order filing and settling charges against Wells Fargo Bank, N.A. for violating multiple swap dealer business conduct standards. Specifically, Wells Fargo failed to deal with a counterparty in a fair and balanced manner based on principles of fair dealing and good faith.  Wells Fargo also failed to implement and monitor systems to ensure compliance with policies and procedures regarding communicating with counterparties in a fair and balanced manner. The order requires Wells Fargo to pay a civil monetary penalty of $10 million, restitution of $4.475 million, and to cease and desist from violating the CFTC’s business conduct standards. read more »