Back in May 2012, Sean McKessy, chief of the SEC’s Whistleblower Office, said he hoped the first whistleblower payout would be substantial and help motivate people who may be considering bringing a tip to the government. When the first payout finally came last month, it was for the not-so-staggering amount of $50,000.
McKessy would probably have been much more eager to announce an award more like what the Internal Revenue Service just confirmed it recently paid — a massive $104 million award to a tax whistleblower named Bradley Birkenfeld.
via IRS Awards Whistleblower $104 Million Following Huge UBS Settlement – Compliance Week
