A notoriously secretive government agency just paid a record $114 million to a whistleblower

Someone just scored a $114 million payday — without playing the lottery or stepping into a casino. Instead, the check was signed by Uncle Sam.



a person standing in front of a building: The SEC fiercely protects the identifies of whistleblowers, which means we may never know who received the record-setting award of $114 million, or what misconduct he or she helped uncover. "These whistleblower tips have a huge impact on our enforcement program. It's a gamechanger," Jane Norberg, head of the SEC's whistleblower office, said in an interview.


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The SEC fiercely protects the identifies of whistleblowers, which means we may never know who received the record-setting award of $114 million, or what misconduct he or she helped uncover. “These whistleblower tips have a huge impact on our enforcement program. It’s a gamechanger,” Jane Norberg, head of the SEC’s whistleblower office, said in an interview.

The Securities and Exchange Commission awarded the staggering $114 million to a whistleblower who tipped the government off to misconduct and provided “extraordinary” assistance in an investigation, the agency announced Thursday.

That more than doubles the prior SEC whistleblower record, which was set just four months ago.

“I hope this record-breaking award encourages others with information about possible securities laws violations to step forward,”

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