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  • SEC Whistleblower Stops a $100 Million Fraud Scheme

SEC Confidential Whistleblower

By KKC Staff|November 1st, 2021|Securities and Commodities Fraud|

On Friday, October 15, 2021, the Securities and Exchange Commission (SEC) Office of the Whistleblower quietly posted the SEC’s final order granting our client a whistleblower award.

In addition to the SEC enforcement action, our client's information resulted in numerous successful prosecutions, including several criminal convictions. One of the principal fraudsters was sentenced to 20 years in federal prison and is currently serving time.

  • SEC Confidential Whistleblower

SEC Confidential Whistleblower

By KKC Staff|May 24th, 2021|Securities and Commodities Fraud|

Kohn, Kohn & Colapinto represented an anonymous whistleblower, who on May 17, 2021, received a whistleblower award of almost $13.5 million. The SEC Issues More Than $31 Million in Whistleblower Awards related to this case, which involved securities law violations.

Founding partner KKC Stephen M. Kohn commended this whistleblower for his or her courage, perseverance, and determination for speaking out against the fraudster. The whistleblower was compensated for the years of sacrifice and suffering, and will continue seeking full justice.

Awards such as these further demonstrate that the Dodd-Frank Act whistleblower laws covering securities, commodities and foreign bribery crimes work. They deter crime, put fraudster in jail, recover billions for investors, and protect the integrity of the markets. The SEC has created the safest reporting system ever devised to incentivize the disclosure of fraud.

  • SEC Whistleblower

SEC Confidential Whistleblower

By KKC Staff|May 13th, 2020|Securities and Commodities Fraud|

SEC Dodd-Frank Act Confidential Informant. Protecting the confidentiality of Wall Street whistleblowers is among the most important breakthroughs in federal whistleblower law. Under the Dodd-Frank Act, whistleblowers can file anonymous cases, and everything about their case, including who they sued, remains secret.

Our SEC whistleblower law firm has prevailed in significant cases, including one of the largest SEC awards granted to date. To maintain the secrecy of this whistleblower, we can only report that he or she obtained a reward within the top-five ever given by the SEC – a whistleblower informant award of over $30 million.

  • Alex "Sasha" Chepurko Qui Tam and False Claims Act Whistleblower

Alex “Sasha” Chepurko

By KKC Staff|September 6th, 2019|Securities and Commodities Fraud|

Alex Chepurko was just 21 years old when he faced off against a $100 million nationwide criminal enterprise. The first whistleblower to simultaneously file claims under the qui tam provisions of the False Claims Act, Dodd-Frank Act, and IRS whistleblower law, the lead prosecutor called him “the hero” for documenting numerous criminal violations.

In April 2020, Chepurko obtained a $69.6 million judgment on behalf of the United States under the False Claims Act. His claim to obtain a whistleblower award from the Government is still pending.  In 2018, CBS TV profiled his case in their show Whistleblower.