The Justice Department introduced a pilot program to reward whistleblowers who provide evidence of corporate misconduct in efforts to uncover and prosecute corporate wrongdoing.
The information must relate to one of four areas; certain crimes involving financial institutions, foreign, or domestic, corruption involving misconduct by companies, or healthcare fraud schemes involving private insurance plans, according to an Aug. 1 news release. If the information submitted by a whistleblower results in successful prosecution including criminal or civil forfeiture, the whistleblower may be eligible to receive a percentage of the forfeited assets at the department's discretion.
Some states have similar corporate misconduct prevention programs in place, such as Illinois' Insurance Claims Fraud Prevention Act, designed to prevent healthcare fraud.
Information can be submitted via email and is confidential, according to the release. More information on the program can be found here.