Corruption in Brazil Including Petrobras Bribes, Construction Bribes, and Olympic Bribes Can Be The Basis for Large Whistleblower Bounty Action Rewards by International Corruption Lawyer Jason S. Coomer
The United States Securities and Exchange Commission (SEC) is offering large financial rewards to persons with original information of securities fraud and bribery of foreign officials. The "original information" needs to be information about significant fraud or corruption that is not public knowledge. Persons with original information can confidentially report significant fraud or other corruption through a bounty action lawyer. If the original information leads to an SEC action, the whistleblower can receive a portion of the money recovered from the violator as a reward.
A key issue in reviewing any potential whistleblower reward case will be the nexus between the fraud or corruption to the United States. Examples of cases that may have a significant nexus to merit a large reward include contract bribes for oil, construction, or offshore drilling paid to Brazilian government officials by a U.S. or foreign company listed on the U.S. securities exchanges.
The Foreign Corrupt Practices Act Prohibits Corruption
The Foreign Corrupt Practices Act (FCPA) and other Anti-Bribery laws prohibit bribes by multinational corporations to foreign officials to obtain lucrative contracts. These laws can result in significant SEC actions of billions of dollars. The SEC is working with people from countries throughout the world including Brazil, South America, Central America, and North America.
Confidential Bribe Whistleblowers that properly report these illegal contract bribes, kickbacks, and other corrupt practices may recover large rewards for exposing corrupt practices committed by multinational corporation. For more information, please go to the following web page: International Whistleblowers & Foreign Corrupt Practices Act Information Center.