Their Retirement Plan Is Being a Wall Street Whistleblower

Being a whistleblower can be a lucrative retirement plan. Especially if you work in sensitive roles at selective financial services companies. In one 2008 mortgage-related Bank of America court case, in which prosecutors commanded a $16.65 billion fine in exchange for not pressing criminal charges, payments to internal whistleblowers are approaching $170 million, a New York Times Dealbook article by Matthew Goldstein notes. Whistleblowers collecting just over 16% of the total fine The whistleblowers filed claims under the Federal False Claims act and are reported to be collecting near or just over 16 percent of the total fine, which is divided…