The Foreign Corrupt Practices Act (FCPA) and Securities and Exchange Commission (SEC) require U.S. companies and foreign companies listed on the U.S. securities exchange to maintain accurate books and records.  SEC Bounty Action Whistleblowers that properly report expose stock manipulation schemes, false misleading information on a company's financial statements, false information on Securities and Exchange Commission (SEC) filings, insider trading; embezzlement by stockbrokers; and other securities fraud, a SEC whistleblower can receive a large financial reward. 

Over 400 Chinese businesses and many other foreign corporations have gained stock-market listings in North America by buying public shell companies.  This strategy is commonly known as a reverse merger that allows a corporation to avoid the scrutiny of an initial public offering.  Many of these foreign corporations using the reverse merger could not have met the accounting requirements to have been listed had they not used this reverse merger strategy.     

The Accounting Provisions of the Foreign Corrupt Practices Act basically make it illegal for a company that reports to the SEC to have false or inaccurate books or records.  As such, corporations that are intentionally defrauding the SEC and investors through fraudulent accounting and stock manipulation schemes can be the target of SEC bounty actions that can result in large financial rewards for the informant or whistleblower that has evidence of the fraud and is the first to step forward to report the fraud.

If you are aware and have evidence of a Stock Manipulation Scheme, Corporate Accounting Fraud, False Accounting Statements, or other Corporate Fraud,  please feel free to contact Stock Manipulation Scheme Lawyer and Accounting Fraud Whistleblower Lawyer Jason Coomer via e-mail message.

Stock Manipulation Scheme Lawyer, Corporate Accounting Fraud Lawyer, Fraudulent Accounting Lawyer, False Accounting Statement Lawyer, SEC Whistleblower Incentive Program Lawyer, & SEC Bounty Action Lawyer

Stock manipulation schemes and corporate accounting fraud have become increasingly common as executives of large corporations have found it extremely profitable to defraud shareholders through account fraud.  A prime example of this is the collapse of Enron.  With Enron, executives were able to use corporate accounting fraud, false accounting statements, and stock manipulation schemes to show large profits and over inflate the price of Enron stock.  Through these fraudulent business practices, Enron was able to become the seventh largest corporation in the U.S.  However, in 2001, the company publicly admitted to having overstated earnings for four years by $586 million and to having created limited partnerships to hide $3 billion in debt. 

In the aftermath of the Enron collapse over 20,000 employees lost their jobs and many of them who had invested their retirement savings in corporate stock through 401(k) retirement plans lost their life savings.  Prior to the collapse, Enron was able to rapidly expand by overstating profits and concealing debt allowing some top executives to sell their stock and make over one billion dollars in profits. Some of the executives involved in the corporate fraud or that helped conceal the fraud were later indicted for Fraud, Money Laundering, and conspiracy.  These executives were also sued by Pension funds and former employees. The company's accounting firm, Arthur Andersen, admitted to having shredded Enron documents after it had learned that the Securities and Exchange Commission (SEC) was conducting an investigation of the corporation. The accounting firm was convicted of Obstruction of Justice, lost hundreds of clients and employees, and went out of business.

Several other companies have been caught overstating profits and concealing debt for the purpose of manipulating stock prices.  These fraudulent accounting stock manipulation schemes are an example of corporate account fraud that the SEC is attempting to identify and prevent through new SEC Bounty Action Whistleblower laws.  By working with financial fraud whistleblower lawyers and securities fraud whistleblower lawyers to expose false misleading information on a company's financial statements, false information on Securities and Exchange Commission (SEC) filings, insider trading; stock manipulation schemes; embezzlement by stockbrokers; and other securities fraud, a SEC Bounty Action Whistleblower can become eligible for large financial rewards.  By working with  

Tax Fraud Whistleblower Reward Lawyer, IRS Tax Fraud Whistleblower Award Lawyer, Corporate Tax Fraud Lawyer, Taxpayer Fraud Whistleblower Lawyer, IRS Whistleblower Reward Lawyer,  Federal Whistleblower Reward Lawyer & IRS Whistleblower Payment for Detection of Fraud Lawyer

Transfer pricing schemes involve the overpricing of imports and/or the underpricing of exports between related companies in different countries for the purpose of transferring profits or revenue out of the United States in order to evade taxes. The profits and revenue end up in a country that has a lower corporate tax rate than the US.  These fraudulent pricing schemes can be used both for stock manipulation and corporate tax fraud.  For more information on Corporate Tax Fraud Whistleblower Actions, please go to the following: Tax Fraud Whistleblower Reward Lawsuit, IRS Tax Fraud Whistleblower Award Lawsuit, and Corporate Tax Fraud Lawsuit Information web page.

Foreign Corrupt Practices Act Whistleblower Lawyer, International Bribery Whistleblower Reward Lawyer, Foreign Corrupt Practices Act Whistleblower Reward Lawyer,  SEC Bribery Whistleblower Incentive Program Lawyer, & Illegal Bribe Bounty Action Lawyer by International Business Bribery Whistleblower Lawyer and Foreign Corrupt Practices Act Whistleblower Reward Lawyer Jason Coomer

Foreign Corporation Illegal Bribe Whistleblower Lawsuit, Domestic Corporation Illegal Kickback Lawsuit, Violations of the Foreign Corrupt Practices Act Whistleblower Lawsuit,  FCPA SEC  Whistleblower Lawsuit, SEC Whistleblower Incentive Program Lawsuit, & Illegal Corporate Bribe Bounty Lawsuit Information

Corporations that pay illegal kickbacks and bribes to government officials and former government officials in exchange for contracts including large building projects can be brought to justice and made to pay large penalties under the Foreign Corrupt Practices Act and whistleblowers that bring these corporations to justice may be able to collect large economic rewards under the  Securities Exchange Act (SEC Whistleblower Bounty Actions) and the Commodity Exchange Act (CFTC Whisteblower Bounty Actions).

The Illegal Bribe Whistleblower or Illegal Kickback Whistleblower may be entitled to not only the amount of the illegal bribe or kickback, but the benefit of the illegal bribe or kickback.  In cases where $100,000.00 bribe is made to obtain a $100 million building project, the Illegal Bribe Whistleblower or Illegal Kickback Whistleblower may be entitled to 10 to 30% of the $100,000,000.00 and the $100,000.00 translating into a $10 million to $30 million award.