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ARTICLE · 21 MARCH 2024

Money Talks: DOJ Announces Whistleblower Reward Program

Anew policy announced by the U.S. Department of Justice (DOJ) makes it even more critical for companies to analyze and assess corporate wrongdoing quickly...

United StatesCriminal Law

A new policy announced by the U.S. Department of Justice (DOJ) makes it even more critical for companies to analyze and assess corporate wrongdoing quickly, or risk missing out on potential leniency from self-reporting to the U.S. Government.

On March 7, 2024, Deputy Attorney General Lisa Monaco announced that the DOJ is launching a pilot whistleblower reward program that is intended to incentivize individuals to report corporate misconduct to the U.S. Government. While speaking at the American Bar Association's 39th National Institute on White Collar Crime, DAG Monaco stated that if an individual helps the DOJ discover significant corporate or financial misconduct, which was otherwise unknown to the DOJ, then the individual could qualify to receive a portion of the resulting forfeiture. The DOJ plans to announce the details of the program in about 90 days and to officially begin the program in 2024.

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