The CTFC recently granted a $9 million reward a whistleblower. That is one of the largest awards granted by the overseer’s Whistleblower Program. It was granted because the whistleblower provided a specific and credible tip which led to an investigation and the culprits were brought to justice. The CTFC has not disclosed, however, who the whistleblower is, what the tip was about or what was the crime. The Director of Enforcement at CTFC, James McDonald, issued the following statement: “We recognise that often whistleblowers come forward to report misconduct at great personal and professional risk. Cases like this serve as a reminder that the Whistleblower Program can reward that courage in a very real way, helping to soften the blow of any adverse consequences those whistleblowers might face.” I am not surprised they have not disclosed the identity of the whistleblower, they have to protect that person from reprisals.
Imagine one day, someone becomes a billionaire via whistle blowing Wouldn't that be a great times to live in.
That $9 million better be worth it for everything that the person went through. If the reward is that much, it must be either against somebody really dangerous or some company really huge. And the tip is definitely career-ending.
That was what I was thinking too - there were serious risks involved if they got that amount of money.