It’s like finding money in the street! Talking about whistleblower awards, folks. And there are four different whistleblower programs that you can take advantage of that pay “big bucks.”
Punishment Or Rewards!
Questions:
* Are your company’s executives cheating shareholders via bogus accounting?
* Do you know any business that’s cheating the government via double-billing or over-charging?
* Have you discovered illegal activity of any kind where you work?
* Because you had the guts to be a “whistleblower” are you being punished by being fired?
The fact is you shouldn’t be punished for doing the right thing! And for nearly two centuries, Congress has offered certain whistleblowers both monetary rewards and legal protection. And the good news is these reward incentives to report wrongdoing have been expanded.
The Rules For Receiving A Monetary Reward!
Lately the Internal Revenue Service (IRS) may pay awards to those people who can provide credible information to the IRS. And if that information results in the collection of taxes, penalties, or other amounts from the noncompliant taxpayer, the whistleblower may see some of those green pieces of paper with the picture of dead presidents come their way. Just keep in mind that your submission cannot be just a “guess” or “unsupported documentation” it has to be factual.
The IRS Awards!
If the IRS collection exceeds two million the whistleblower(s) receive from 15 percent up to 30 percent of the amount. If the IRS case deals with a person(s) not a company, the annual gross must exceed $200,000. The False Claims Act is your best friend.
To learn more about whistleblower reward visit us at SEC Whistleblower Center.
SEC Whistleblower Program 