Whistleblowing has its rewards. For some, that reward may be simply peace of mind for doing the right thing. But then for others, such as former JPMorgan Chase employee Keith Edwards, the reward could be as much as $63.9 million.
A U.S. district court in Manhattan announced in a March 7 filing that Edwards received the large sum for disclosing tips that led to JPMorgan’s $614 million settlement with the federal government. In its settlement, JPMorgan resolved charges that it defrauded the government into insuring flawed home loans.