Goldman Sachs 1MDB? Or what else could have reached this level of payout (Whistleblower awards can range from 10 percent to 30 percent of the money collected when the monetary sanctions exceed $1 million.)
If there’s another event that could have generated this payout it would interesting to learn what it is. Does anyone have a sense of the timing of payouts relative to the timing of enforcement actions? Obviously not before the settlement has been received, but what’s the general lag after that?
Probably another Wells Fargo. I have a hearing on Nov 3 at 11am in Dallas County Iowa for the State Auditor to produce Wells Fargo loans used to cover up losses by State owned corporations.
Maybe it's for Jho Low
Man. I blew the whistle once on a boiler room and said "NO" to the magic question (made by the SEC over the phone - no docs). I told them I felt like I was stupid to take the boiler room's advice and deserved my market losses, and that the $1000 advisory fee had been refunded by the credit card. I received email for about 3 years about 2 and then just one guy that were/was locked up for the scam.