The Securities and Exchange Commission today announced three awards totaling approximately $18 million to three whistleblowers whose information and assistance led to a successful enforcement action.
The first whistleblower provided the SEC with detailed and significant information that led to the opening of an investigation into a fraudulent scheme. This whistleblower’s information and assistance saved considerable staff time and resources, and had a significant impact on the overall success of the enforcement action. The second and third whistleblowers’ information, which was provided later in the investigation, significantly contributed to the success of the enforcement action as well.
Source: SEC.gov | SEC Awards Approximately $18 Million to Three Whistleblowers
