May
2013
Monday, March 26, 2012
Jef Feeley and David McLaughlin, Washington Post
Submitted by: Editor

Whistle-Blower Wins $18 Million Payday

March 16 (Bloomberg) -- Attorney Lynn Szymoniak had spent a career investigating insurance fraud when a bank moved to foreclose on her Florida home in 2008. The fraud she unearthed as a result of her experience wound up earning her $18 million in a massive settlement.

[WAPO] Szymoniak, 63, is among six whistle-blowers who will pocket $46.5 million as part of a $25 billion national foreclosure settlement that state and federal officials reached in February with five banks, including Bank of America Corp. and JPMorgan Chase & Co., according to the U.S. Justice Department.

Posted by Editor on 03/26/12 at 10:31 AM •  (0) Comments

Tags:  fraud,

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