Richard Renner recently posted discussion of BB&T’s refusal to reinstate whistleblower Amy Stroupe. An article, appearing today on Thebigmoney.com gives us a more in-depth look at the case. While working at BB&T bank, Stroupe was an investigator who uncovered a $20 million ponzi scheme. Discovering potential real estate fraud, she informed her superiors and persistently pursued the case. As a result, she was terminated.
Joseph Yohe, a former regional fraud manager for BB&T testified during the case that the bank had a “double standard” when it came fraud committed by tellers as opposed to top income-producers.
*NWC Intern Peter Dang contributed to this post