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Monday, August 15, 2016

International Bribery Schemes and Other Illicit Actions Can Be The Basis of SEC Bounty Actions That Pay Large Financial Rewards to International Professionals Who Anonymously and Properly Expose SEC/FCPA Violations

International Bribery Schemes, Multinational Corporation Accounting Fraud, and Other Illicit Actions Can Be The Basis of SEC Bounty Actions That Pay Large Financial Rewards to International Professionals Who Anonymously and Properly Expose SEC/FCPA Violations by International Professional Bribery Scheme Lawyer Jason S. Coomer

Several types of whistleblower reward laws are now in place that are offering large financial rewards to pharmaceutical professionals and other international business professionals who properly expose international bribery schemes, accounting fraud, and other types of Securities and Exchange Commission (SEC)/Foreign Corrupt Practices Action (FCPA) violations.  To be able to collect a large financial reward anonymously, the international professional must properly expose significant SEC/FCPA violations through a whistleblower reward lawyer.  For more information on this topic, please read below or go to the following web site: International Whistleblower Information Center: Confidential Reviews of SEC/FCPA Cases for International Professionals

International Pharmaceutical Professionals, Doctors, and other Health Care Professionals Can Confidentially Expose Illegal Bribery Schemes and other SEC/FCPA Violations Through a Lawyer and Collect Large Financial Rewards

Every year over $4.0 trillion (US dollars) is spent worldwide on health services including approximately $900 billion (US dollars) that is spent in the pharmaceutical market on drugs and medications.  It is estimated that from 10% to 20% of health services is lost to or the result of bribes, corruption, or fraud.  This loss is the target of whistleblower reward laws and offer international professionals the potential to receive a portion of money recovered by the SEC/FCPA.  In other words, if a whistleblower properly exposes an international bribery scheme that resulted in a large company increasing sales by $1 billion, the SEC can disgorge these ill gotten profits of $1 billion plus impose fines for the violations.  These resulting whistleblower reward can be up to 30% of what the SEC collected or over $300 million in the above scenario.   

It is estimated that of the $900 billion that is spent on pharmaceuticals that about $100 billion is lost though or the result of bribes, corruption, or fraud.  This is especially true in the 17 so-called "pharmerging countries," which include China, Brazil, Russia, India, Venezuela, Poland, and Ukraine. In these "pharmerging countries", the competition between large drug companies is fierce and several of the large drug companies have already received large fines for violating SEC and FCPA laws.  Based on the potential fro profits in these pharmerging markets, it is expected that large drug companies will continue to violate SEC/FCPA violations and that larger fines will be imposed in the future.

 The Foreign Corrupt Practices Act (FCPA) prohibits bribery of foreign officials by U.S. and foreign companies listed on the U.S. securities exchange.  International Pharmaceutical Professionals who properly report violations of the FCPA by a U.S. or foreign company listed on the U.S. securities exchanges can recover a large reward for exposing FCPA violations.  These whistleblowers can expose bribery schemes through a lawyer and protect their identify.  For more information on this topic, please go to the following web page: Confidentially Expose International Drug Company Bribes and Earn Large Whistleblower Rewards.

International Government Procurement Professionals Can Receive Large Financial Rewards by Anonymously Exposing Government Procurement Bribery Schemes

Worldwide government purchasing or government procurement is estimated to be over $10 Trillion each year.  Of this large amount of government purchasing, it is estimated that as much as 20% may be through illegal bribes, kickbacks, and other illicit payments.  Government procurement spending includes military spending; public works projects; public health care (pharmaceuticals, medical equipment, & hospitals); ports, transportation, & roads; mining and oil extraction; power grid and stations; education; law enforcement; and sanitation services.  Because of the vast amount of money spent by governments on government procurement, there are many different types of government procurement illegal bribery schemes, illegal kickback schemes, and other illicit payment schemes that have been created to steal money from the public at the expense of a country's citizens.

If you are aware of a government procurement illegal bribery scheme, illegal kickback scheme, and other illicit payment scheme, it is important that you learn how to properly report the government corruption and determine the best way to expose the corruption.  For more information on this topic, please go to the following web page:  International Government Procurement Professionals Can Receive Large Financial Rewards by Anonymously Exposing Government Procurement Bribery Schemes.