Have you become aware of fraud in a federal government contract or program? If you are considering blowing the whistle, you might qualify for a reward. In successful cases, whistleblowers who file under the False Claims Act are eligible for between 15% and 30% of any money recovered on behalf of the government.
A former Tesla employee has filed a federal lawsuit claiming, among other things, that he was fired in retaliation for blowing the whistle. He reported incidents of theft, improper surveillance, improper contract awards and even drug trafficking, which he alleges took place at Tesla's Gigafactory in Nevada.
The Securities and Exchange Commission recently proposed a change to how it rewards private citizens who blow the whistle on securities violations under the Dodd-Frank Act. Under the proposal, the commission would have the discretion to increase some whistleblower awards beyond the 30-percent statutory maximum, up to $2 million. It would pay for this by discretionarily reducing some of the larger awards.