Whistleblowing absolutely works when done right and with the help of an experienced whistleblower attorney. Public statements by notable law enforcement officials, regulators, independent experts, and Congressional leaders confirm its effectiveness.
“Over the past ten years, the whistleblower program has been a critical component of the Commission’s efforts to detect wrongdoing . . . particularly where fraud is well-hidden or difficult to detect. Enforcement actions from whistleblower tips have resulted in more than $2.5 billion in ordered financial remedies.” – SEC Chairman Jay Clayton (September 2020)
In fact, the total amount the government and other regulatory agencies have recovered using various whistleblower laws has gone far into the billions. And there shows an upward trend in whistleblower reward claims being filed as the laws are improved.