The Benefits of Whistleblower Rewards Program

 

The Whistleblower Rewards program was implemented to try and put a stop to large corporations and people with deep pockets from insider trading. The basic idea is if more eyes are on these individuals, they might think twice about trying to game the system. The program has been highly successful because of the rewards provided to the individual who turns in the offending company, as well as everyone who has money invested in the stock market.

The Benefits for All

When a person turns in an individual or corporation for cheating the stock market, the overall benefits for all is wide spread. The monies that are recovered will not affect the maintenance charges to maintain all those portfolios, so the profits can continue to increase. As more companies are prosecuted for insider trading crimes, it will begin to stabilize the monies and help to keep costs down.

WhistleBlower Rewards

The Whistleblower Rewards for the person who makes the call resulting in the person or company being prosecuted is quite significant. The 10% of the monies goes right to that person, and the larger the crime, the larger the reward. In these times, you see companies cheating the system for millions of dollars at a time. If those monies are determined to be that high, the person who blew the whistle is going to reap significant rewards. Hundreds of thousands of dollars are given out to these people as the criminals are brought to justice, and the sound of all that money is making it easier for more people to take part in the program.

For more related whistleblower information, see whistleblower lawyer.