On November 1, the FPCA Blog published a post from an anonymous contributor who is a whistleblower. In the very candid article, the whistleblower describes what it’s like to repeatedly attempt to report issues internally, only to be turned away. This person’s compliance department warned them not to send or distribute the information that was […]
Tag Archives | Whistleblower
Compliance Officers Should “Show Some Backbone”
Anthony Willis, the former compliance officer at the Bank of Beirut in the UK was caught lying to the Financial Conduct Authority (FCA) and then he had the nerve to say it wasn’t his fault. He maintained the position that the bank never allotted sufficient resources for him to do the compliance officer job, which may […]
Whistleblower Earns $16M
Michael Epp, a German citizen and former executive at Supreme Foodservice collected $16 million as a result of blowing the whistle on his former employer. Supreme Foodservice and their affiliated companies pled guilty to criminal charges of major fraud, conspiracy to commit major fraud, and wire fraud, which comes with $288M in criminal penalties. In […]
Are Corporate Compliance Programs Cover-up Programs?
The U.S. Supreme Court of Appeals for the D.C. Circuit made a ruling permitting corporations to hide documentation of fraud obtained in internal corporate compliance investigations. A whistleblower who formally worked for the defense contractor KBR is seeking review and appeal of this ruling, because in effect, it permits companies to gag employees who try […]