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SEC Whistleblower Program Provides Awards for Information About EB-5 Investment Fraud

Under the SEC Whistleblower Program, whistleblowers are eligible to receive a reward for providing the SEC with original information about violations of the federal securities laws, including EB-5 fraud. If the SEC uses a whistleblower’s information to bring a successful enforcement action with monetary sanctions in excess of $1 million, the whistleblower is eligible to receive 10% to 30% of the monetary sanctions collected as an award. The program permits whistleblowers to submit tips anonymously if represented by an attorney.

Since 2011, whistleblower tips have led to enforcement actions resulting in more than $1 billion in financial remedies from wrongdoers and the SEC has awarded more than $175 million to whistleblowers. One of these whistleblower tips, which led to a successful SEC enforcement action, underscores how the SEC Whistleblower Program is a critical tool to combat EB-5 investment fraud.

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About this Author

Jason Zuckerman, Whistleblower Litigation Attorney, Washington DC  Law Firm
Principal

Described by the National Law Journal as a “leading whistleblower attorney,” Jason Zuckerman litigates whistleblower ...

(202) 262-8959
Matthew Stock, CPA, Auditor, Zuckerman Law Firm
Certified Public Accountant

Matthew Stock is an associate at Zuckerman Law, where his practice focuses on representing whistleblowers in whistleblower rewards and whistleblower retaliation cases. He is also a Certified Public Accountant, Certified Fraud Examiner, and former KPMG external auditor.

As an auditor, Mr. Stock developed an expertise in financial statement analysis, internal controls testing, and fraud recognition. At Zuckerman Law, Mr. Stock uses his auditing experience to help whistleblowers investigate and disclose to the government complex financial frauds. In addition, Mr. Stock routinely assists whistleblowers in Sarbanes-Oxley whistleblower retaliation cases analyze a wide range of accounting issues, including revenue recognition, earnings management, and financial statement fraud.

202-930-5901