The Justice Department will start paying non-culpable whistleblowers who deliver tips on financial misconduct, overseas bribery, and other corporate fraud.
The new program formalizes an approach that’s been used occasionally in the past to reward people for providing information resulting in criminal or civil forfeitures, and will launch later this year, Deputy Attorney General Lisa Monaco said at a legal conference Thursday.
Similar financial incentives for whistleblowers offered by the Securities and Exchange Commission and other agencies have proven effective at coaxing tipsters and disgorging ill-gotten gains from white-collar criminals, Monaco said in remarks prepared for delivery. But the existing ...
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