Do You Need a Bank Fraud Lawyer?
Are you a whistleblower who wants to report bank fraud?
- Are you concerned that your employer may be lying to banks in order to secure loans?
- Is your career in danger because you stood up to this wrongdoing?
The Financial Institutions Anti-Fraud Enforcement Act of 1990 (“FIAFEA”) prohibits fraud on financial institutions and provides whistleblower rewards for original, non-public information contributing to the government’s recovery for fraud. To be eligible to receive a reward for reporting violations of financial fraud laws, an individual must disclose information that leads to the government’s recovery of penalties for the violation of fourteen other federal crimes. The criminal laws are mostly related to bank and financial fraud, but some – like the federal wire-fraud statute – cover a broad range of conduct.