HomeDanske Bank Whistleblower who Uncovered Major Money Laundering Scheme Featured in Fraud Magazine

Danske Bank Whistleblower who Uncovered Major Money Laundering Scheme Featured in Fraud Magazine

Published On: March 13th, 2020Categories: Tax Fraud, Whistleblower News and Qui Tam Blog

Howard Wilkinson, the Dankse Bank whistleblower who risked everything to expose a money-laundering scheme of over $230 billion flowing through the Estonian branch he was working at, was recently featured in Fraud Magazine.

Wilkinson, who is represented by Kohn, Kohn & Colapinto whistleblower attorney Stephen M. Kohn, worked at an Estonian branch of Danske Bank from December 2006 to April 2014. In 2013, Wilkinson confidentially raised concerns about suspicious transactions and large-scale corruption related to the Estonia branch.

Wilkinson was ignored by his supervisors when he tried to warn of the illegal activity stemming from the Bank.

“Sometimes the alarm goes off when there is a fire in the basement, which no one sees,” Mr. Wilkinson said at the hearing before Denmark’s Parliament. “There was a big smoke alarm that started. But they tried actively to turn off the smoke alarm.”

Wilkinson had attempted to remain anonymous, but an Estonian newspaper leaked his name in 2018.

“Mr. Wilkinson is an international hero,” Kohn said. “He risked his career and livelihood to stop a massive money-laundering operation and to hold banks accountable.”

Wilkinson will be the keynote speaker at the 31st Annual Association of Certified Fraud Examiners (ACFE) Global Fraud Conference in Boston from June 21-26. Wilkinson is this year’s recipient of the Cliff Robertson Sentinel Award “For Choosing Truth Over Self.” The ACFE will present the award to Wilkinson during the conference.

Read the article from Fraud Magazine: The smoke detector: An interview with Danske Bank whistleblower Howard Wilkinson

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