FOREX Whistleblower Rewards: Bank Employees and Other Financial Professionals Can Earn Larger Whistleblower Rewards for Anonymously Exposing FOREX Fraud Schemes by FOREX Whistleblower Reward Lawyer

FOREX Whistleblower Rewards: Bank Employees and Other Financial Professionals Can Earn Larger Whistleblower Rewards for Anonymously Exposing FOREX Fraud Schemes by FOREX Whistleblower Reward Lawyer

FOREX Fraud and other investment fraud schemes can be the basis of whistleblower reward lawsuits which can pay bank employees, financial professionals, and investors large financial rewards for anonymously exposing investment fraud schemes through a lawyer.   These whistleblower reward lawsuits must be based on original information and help expose significant fraud.  By working through a whistleblower reward lawyer, the whistleblower can protect their identity and obtain help in preparing the lawsuit.  For more information on this topic, please go to the following web pages: Bank Foreign Exchange Rate Fraud Lawyer: Confidential Reviews of Bounty Actions and Whistleblower Reward Lawyer.

FOREX Fraud In The News

"A former HSBC Bank PLC foreign currency exchange trader gave a detailed account on Wednesday of the collusion between banks that antitrust prosecutors claim was used to rig currency markets, as the government’s case in the trial of former HSBC executive Mark Johnson nears its end.
Frank Cahill, a former forex trader for HSBC and Goldman Sachs & Co. LLC, took the witness stand and gave an inside look into a group of forex traders at banks including HSBC, Barclays PLC, State Street Corp., Goldman and the Royal Bank of Scotland PLC who used chat rooms to coordinate trading in a way that would affect currencies’ prices to their benefit."

"Prosecutors claim Johnson and Scott, both U.K. nationals, and others at HSBC traded on inside information about a deal to exchange $3.5 billion for sterling on behalf of client Cairn Energy PLC in a way that caused the price of sterling to spike, to the detriment of Cairn and to HSBC’s benefit. Johnson lives in London and is contesting extradition to the U.S. The Federal Reserve Board on Friday said that it fined HSBC $175.3 million for failing to properly oversee its forex trading business."

A fine of $175.3 million that results from a successful whistleblower could result is a whistleblower reward of over $50 million.  These large financial rewards are intended to encourage bank employees, financial professionals, and high end investors with original knowledge of financial fraud to expose fraudulent schemes, insider trading, and other types of investment fraud.