Daily Archives: March 15, 2019, 7:54 am

A Canadian whistleblower program targeting financial crime pays off | Whistleblower Protection Blog

Three Canadian whistleblowers have been awarded more than $7 million, the first payment of its kind by the Ontario Securities Commission (OSC). “These individuals voluntarily provided high quality, timely, specific and credible information, which helped advance enforcement actions resulting in monetary payments to the OSC,” according to a statement from the Canadian agency. via A Canadian whistleblower program targeting financial…

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US SEC sues Volkswagen and ex-CEO over diesel scandal | Business | The Guardian

The US Securities and Exchange Commission is suing Volkswagen and its former chief executive, accusing them of defrauding investors by making “deceptive” claims about the environmental impact of its cars. The regulator said that from 2007 until 2015, VW carried out a “massive fraud” when selling securities and half a million cars it described as clean diesel, when executives knew…

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