Other Fraud Schemes

Post Office Fraud

Underpaying Royalties

Grant Fraud (research/educational)

Customs Fraud

Housing Fraud

Financial Fraud, Bank Fraud, Bailout Fraud

If you report fraud against the federal government by a bank or financial institution for cheating or defrauding the federal government, such as financial fraud where the government insures or guarantees the loan or under the bailout programs, you may be entitled to a large whistleblower reward, as outlined in this website.

If you want former Justice Department Attorney Joel Hesch to evaluate in complete confidence to see if you have the right type of case to get a reward, then fill out the form at this link (click here) and Mr. Hesch will get back to you right away.
If you want to read more about the $1.75 billion in whistleblower reward cases Mr. Hesch has handled click here.

More details about financial fraud

The Department of Justice whistleblower reward program needs you to step forward if you have inside information to prove a company is cheating under TARP, Bailout programs, or any other misuse of federal government funds.
The government poured nearly $3 trillion into TARP and a dozen other new Bailout Programs. It is estimated that between 10 percent and 30 percent of these funds are lost to TARP fraud and Bailout Program fraud. That means TARP fraud and bailout fraud could exceed $500 billion.

Below are examples of Financial Fraud

  • Using collateral already in default or that is from a fraudulent loan
  • Lying about or overstating the value of property or dept rating

Examples of Balance Sheet Fraud under TARP or Bailout Programs

  • Claiming the balance sheet is only levered 30 to 1 when it is not
  • Hiding assets off-shore or overseas
  • Having a separate balance sheet offshore or overseas
  • Using overseas “shell” banks
  • Hiding liabilities through the use of Special Purpose Vehicles (SPVs)
  • Hiding liabilities through the use of Structured Investment Vehicles (SIVs)
  • Concealing contingent liabilities
  • Overstating assets or understating liabilities

If you know of a financial fraud, bank fraud, bailout fraud scheme against the government and are interested in a reward, fill out our fraud questionnaire.