Financial whistleblowers are beginning to be treated with more respect by government agencies like the Securities and Exchange Commission and the Commodity Futures Trading Commission.
Vincente Martinez, director of the CFTC’s Whistleblower Office, made that point during a presentation to the New York chapter of the Association of Certified Fraud Examiners at CUNY’s John Jay College of Criminal Justice last Friday. He noted that whistleblowers are able to receive larger payouts now for reporting on financial skullduggery, earning between 10 and 30 percent of the amount collected, which can amount to millions of dollars.
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