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corporate fraud 123 articles

Jailed whistleblower received record $140-million award in tax evasion case

The Internal Revenue Service (IRS) awarded a record $104 million to a whistleblower for his role in helping to expose an enormous tax fraud scheme orchestrated by Swiss banking giant UBS AG. The award, the largest ever paid by the federal government to an individual whistleblower, was given to Bradley Birkenfield, a UBS AG banker who was also thrown in prison to serve a 40-month sentence as part of the same case. The IRS confirmed last week that Mr. Birkenfield will receive the record award for his part in a federal investigation that resulted in UBS being fined $780 million ... Read More

Whistleblower fired for reporting asbestos in condo complex to be compensated

A Columbia, South Carolina, real estate management company has agreed to pay a former employee $45,000 and take other measures to ensure federal whistleblower provisions aren’t violated in the future, the U.S. Occupational Safety and Health Administration (OSHA) announced. The agreement settles a complaint brought against CMM Realty Inc. and its owner for allegedly terminating a maintenance worker after he reported asbestos control violations to state and federal regulatory agencies. According to OSHA, in May 2009 the employee was working at CMM’s Briargate Condominiums in Columbia when he encountered problems involving asbestos and asbestos exposure. Contact with asbestos fibers can ... Read More

Complaints accuse Merck of mumps vaccine fraud

An Alabama health care provider filed a lawsuit against Merck Monday, June 25, a week after a 2010 whistleblower lawsuit against the drug manufacturer was unsealed, revealing allegations that for a decade, Merck may have knowingly made and marketed a mumps vaccine that was “far less effective” than it told federal regulators. According to the Courthouse News, Chathom Primary Care in Chathom, Alabama, filed a federal antitrust class action against Merck after learning about a False Claims Act complaint brought against the drug maker by two former Merck virologists familiar with the company’s vaccine development. In that complaint, Stephen Krahling ... Read More