Due Diligence Blog

• Dec 15, 2022by Staff

  Internal Whistleblower Cited as Factor in Danish Bank’s $2B Forfeiture for Fraud and Money Laundering

  Crediting an “internal whistleblower” who assisted in a lengthy investigation, the U.S. Department of Justice announced a $2 billion forfeiture by Denmark’s largest bank to settle allegations of bank fraud related to money laundering. In a press release dated Tuesday, December 13, 2022, the DOJ...

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• Nov 17, 2022by Tim Granitz

  Anonymous Whistleblower Wins $825,000 Award for Tips Provided to the SEC

  A whistleblower who helped the U.S. Securities and Exchange Commission fight fraud has won $825,000 in proceeds as a reward for their assistance. The agency disclosed on October 11, 2022, that an individual received an undisclosed recovery percentage in a legal case brought over securities fraud. The SEC did not...

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• Nov 2, 2022by Staff

  SEC Awards Whistleblower with $10 Million from Funds Recovered for Cheated Investors

  A whistleblower is $10 million richer, after providing the Securities and Exchange Commission with information and assistance that resulted in a substantial recovery of swindled funds. The SEC released a statement on October 31, 2022, revealing few details of the successful enforcement action, but praising the...

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• Sep 28, 2021by Staff

  Triple Crown of Fraud – Customs Evasion, Vet Scam, and Helping the Chinese

  Five men are behind bars after being convicted of blatant fraud against taxpayers and the United States. According to court records, the men concocted a scheme to relabel Chinese-made goods as made in America and sell them to Uncle Sam. But that wasn’t enough. One of the men falsely claimed that he was a...

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• Sep 27, 2021by Staff

  Need for Defense Contractor Whistleblowers

  The whistleblower team at Katers & Granitz has long been at the forefront of fighting greed and corporate corruption. That includes representing whistleblowers with inside knowledge of fraud by defense contractors. The U.S. government spends billions of dollars per year on our defense. Money that comes from taxpayers,...

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• Sep 24, 2021by Staff

  Injured by a Defective Angiographic Catheter?

  Patients Harmed Because of Defective Catheters Made by Cordis Corporation May be Entitled to Substantial Damages. The FDA has announced a recall of Cordis SUPER TORQUE MB Angiographic Catheter with Radiopaque Marker Bands due to the potential for the marker bands to move or dislodge during procedures. The agency says...

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• Aug 13, 2021by Brian Mahany

  Whistleblower Rewards for False Clinical Trial Data

  There is probably not a person alive in the United States today that doesn’t know how quickly the pharmaceutical industry moved...

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• Aug 13, 2021by Brian Mahany

  Whistleblower Gets $28 Million Reward in Diabetic Testing Scam

  That's not a misprint. A whistleblower is about to receive $28 million for blowing the whistle on healthcare fraud. Even crazier,...

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• Aug 6, 2021by Brian Mahany

  Two Traders Convicted of Spoofing – SEC / CFTC Whistleblower Rewards

  Recently there has been an uptick of traders being accused of spoofing. Today, two former Merrill Lynch traders were convicted of...

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• Jul 2, 2021by Staff

  COVID 19 Cares Act Mortgage Forbearance Investigation

  Important Information for Homeowners Who Sought a COVID-19 CARES Act Mortgage Forbearance Home Sweet Home? Not if Your Lender...

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