The US Securities and Exchange Commission Has Just Paid A Staggering $114 Million To A Whistleblower
Someone just scored a $114 million payday -- without playing the lottery or stepping into a casino. Instead, the check was signed by Uncle Sam.
The Securities and Exchange Commission awarded the staggering $114 million to a whistleblower who tipped the government off to misconduct and provided "extraordinary" assistance in an investigation, the agency announced Thursday.
That more than doubles the prior SEC whistleblower record, which was set just four months ago.
"I hope this record-breaking award encourages others with information about possible securities laws violations to step forward," Jane Norberg, head of the SEC's whistleblower office, told CNN Business in an exclusive interview.
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WNU Editor: To put it into perspective. The most wanted terrorist in the world (Al Qaeda leader Ayman al-Zawahiri) has a $25 million U.S. bounty on his head.
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The US Securities and Exchange Commission Has Just Paid A Staggering $114 Million To A Whistleblower
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