Sean McKessy, Chief of the SEC’s Whistleblower Office, will be leaving the agency later this month.

SEC | Sean Mckessy, IRS Whistleblower Office, Jane Norberg

April may be the cruelest month, but for the False Claims Act, and for Incentivized Integrity programs in general, April bore great recoveries. 

 
FCA | Mary Jo White, Sean Mckessy, state False Claims Act results

In a recent address before students at the Ray Garrett, Jr.

SEC | Mary Jo White, Sean Mckessy

This Week in Fraud is a peek into the world of whistleblowing and incentivized integrity programs. Each week we highlight important case settlements, industry developments, and general points of interest. Take a moment and see what is happening this week in fraud. 

FCA | Corinthian Colleges, Sean Mckessy, SEC Whistleblower Office

President Obama’s 2016 budget proposal checks in at just under $4 trillion and requests increased funding for the Department of Justice, the Internal Revenue Service, the Securities and Exchange Commission, and the Commodity Futures Trading Commission respectively. Here is a look at how it all breaks down:

 

 
FCA | IRS whistleblower program, SEC Whistleblower Office, CFTC Whistleblower Office, Eric Holder, Mary Jo White, Sean Mckessy, Joyce Branda

More whistleblower were filed during the first four years of the SEC whistleblower program than were filed during the first 27 years of the False Claims Act.

 
SEC | Sean Mckessy, SEC Whistleblower Office, Patrick Burns, growth

SEC whistleblower awards for Fiscal Year 2014 top $35 million, continuing a trend in increased antifraud law enforcement since the program’s inception in 2011.  Nine whistleblowers received awards, an increase from four awards in FY2013, which totaled approximately $15 million. The office awarded more than $30 million to one whistleblower, its largest-ever whistleblower award, and for the first time, the office used its authority under the Dodd-Frank Act to bring enforcement action against a company for retaliation against a whistleblower.

SEC | SEC, Incentive Integrity, FY 2014, Sean Mckessy, Mary Jo White

The SEC's Sean McKessy lays it out in a simple 6-minute video.

SEC | Sean Mckessy, SEC Whistleblower Office