Fraud Recovery

    • Cobalt International Energy Out of the Woods? (FCPA Whistleblower Post)

      Cobalt International Energy is a petroleum exploration and production company based in Houston. Despite its U.S. roots, it has interests in the west coast of Africa. Gabon and Angola to be precise. Several years ago, the company announced it had discovered oil offshore of Angola. What should have been cause for celebration wasn’t.

      Due Diligence- 16 readers -
    • Til Death Do Us Part – NY Estate Tax Evasion Whistleblower Post

      One of the things that make this nation special is our belief in the American dream. That dream is part of our national ethos. Anyone can work hard and achieve greatness. In the Declaration of Independence we find the words, “We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that amon ...

      Due Diligence- 14 readers -
    • Anatomy of a Ponzi Scheme – BitConnect Scam Post

      A class action lawsuit filed against several promoters details the sudden rise and fall of BitConnect. If the cryptocurrency start up’s figures are correct, almost $2.5 billion of investor monies was wiped out in just a few hours. The meteoric rise and subsequent crash of BitConnect highlights the dangers in cryptocurrency investing.

      Due Diligence- 15 readers -
  • Small Business Set Asides & Minority Businesses & GSA’s Alliant 2

    … of government spending. The GSA’s Small Business Contract Award is called “Alliant 2 Small Business.” By prequalifying small businesses able to participate, the agency hopes that streamline the contract award process and quickly get individual agencies the services and products they need. As whistleblower lawyers experienced in DBE fraud (“disadvantaged…

    Due Diligence- 14 readers -
  • Money Laundering, Drug Trafficking & Whistleblower Awards…

    …, Recovery and Enforcement Act). That law allows prosecutors to pay awards of up to $1.6 million. (FIRREA awards of that size are common.) To qualify for an award, you must possess inside information about significant illegal behavior by a bank. The law was originally used in the wake of the 1980’s savings and loan crisis to prosecute bank officers…

    Due Diligence- 12 readers -
  • Takata Airbag Bankruptcy Update

    … Takata sold defective airbags for years. We believe the Japanese airbag supplier knew its products were defective at least as early as 2002 or 2004. There is evidence that they falsified test data and discussed how to cover their tracks. The right thing to do would have to alert regulators and dealers and warn the public. Instead, they chose…

    Due Diligence- 7 readers -
  • Takata Airbag Injury Claim Center

    … partners to investigate the response by Audi, Cadillac, Chevrolet, Chrysler, Dodge, GMC, Jeep, Mercedes and Volkswagen (VW) to defective Takata Airbags. We are a national boutique firm that helps consumers fight fraud and greed by big multinational companies. In our opinion, their reaction to the Takata airbag crisis is “a day late and a dollar…

    Due Diligence- 13 readers -
  • Foreign Bribery & the Iraq Oil and Gas Industry (FCPA Whistleblower Post)

    … of Iraqi public officials will be eager to accept bribes Foreign Corrupt Practices and the Iraq Oil and Gas Industry 2017 SBM Offshore NV Investigation In November, the UK Serious Frauds Office charged two former executives from SBM Offshore NV. SBM is a Dutch oil services company. British prosecutors say that the men bribed or attempted to bribe…

    Due Diligence- 18 readers -
  • Robocalls – Can I Sue a Telemarketer (TCPA Post)

    … Fraud and Abuse Prevention Act (TCFPA), also offers valuable protections. This may sound like a lot of legal jargon; for purposes of unwanted telemarketing calls know that the Federal Communication Commission (FCC) and the Federal Trade Commission (FTC) highly regulate debt collection and telemarketing calls. More importantly, these laws can…

    Due Diligence- 13 readers -
  • States Warn of Cryptocurrency Scams – BitConnect Whistleblower Post

    … offerings appearing weekly, the market has attracted its fair share of crooks and scam artists. (Some folks would argue the entire cryptocurrency market is a scam!) The NASAA represents the securities administrators in all 50 states and the Canadian provinces. 94% of their members believe the market has a high risk of fraud. All members agreed…

    Due Diligence- 13 readers -
  • Unsafe Skies – Boeing Whistleblower Post

    … as a company committed to being a good corporate citizen and delivering value to taxpayers. The story they don’t tell, however, is how they are one of the worst violators of the federal False Claims Act, America’s leading antifraud statute designed to protect taxpayers and the government from fraud. There have been many instances of Boeing fraud…

    Due Diligence- 13 readers -
  • Ciena Discloses Foreign Bribery Probe (Whistleblower Award Post)

    … that can pay the biggest bribes. Call for Ciena Corporation Whistleblowers MahanyLaw is a leading whistleblower law firm. We help honest employees stop fraud, fight corporate greed and help get our whistleblower clients the best cash awards possible. We know from the company’s Form 10-K that the initial report came from “one of Ciena’s third party…

    Due Diligence- 19 readers -
  • Killer Hospitals in the Lone Star State (Texas Whistleblower Post)

    … Antonio) Navarro Regional Hospital (Corsicana TX) St. Joseph Medical Center (Houston TX) Paris Regional Medical Center (Paris TX) East Texas Medical Center Tyler (Tyler TX) Are these hospitals violating the False Claims Act or committing Medicare or Medicaid fraud? We don’t know. Any facility that makes it to our list of “killer hospitals…

    Due Diligence- 15 readers -
  • Corizon Health – A Death Sentence for Prisoners? (Whistleblower Post)

    … apply. Why are these laws important? They pay whistleblowers with inside information about serious fraud cash awards. More on that at below. Corizon Health and Madaline Pitkin Kelly Green wasn’t the only person to die in Corizon’s care. While Green’s life ending incident was sudden and took place just hours after he was incarcerated, the death…

    Due Diligence- 16 readers -
  • Subprime Auto Loans and Bank Whistleblowers

    … many opportunities for bank whistleblowers. A little known law called FIRREA offers awards of up to $1.6 million to whistleblowers with inside information about bank fraud. Short for the Financial Institutions Reform, Recovery and Enforcement Act, FIRREA pays big awards to qualified bank whistleblowers. 2017 Auto Loan Crisis – Are Some Banks…

    Due Diligence- 13 readers -
  • Trading Halted on “The Crypto Company ” (Crypto Mania Post)

    … think anyone would hire him. Magically, Poutre comes back a few years later as CEO of a cryptocurrency business and people fork over tens of millions of dollars to him. Victim of Cryptocurrency Fraud? We remind readers that the SEC has merely suspended trading in The Crypto Company shares. Those emergency freeze orders are generally done…

    Due Diligence- 19 readers -
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