Ex-Alpari Executive and Madoff Whistleblower Stand to Earn $150 Million
Posted: Wed Aug 10, 2016 5:35 pm
A group of three bank employees assembled Harry Markopolos, the forensic accountant who spotted Bernard Madoff’s $65bn Ponzi scheme years before it imploded, are about to get paid massive sums for their efforts to uncover securities law violations in the foreign exchange markets.
The anticipated windfall for the trio Grant Wilson, Peter Cera and Ryan Gagne, who were recruited or aided by Mr. Markopolos, could be the largest issued by the U.S. watchdogs since its whistleblower program began nearly five years ago.
According to an analysis by the Wall Street Journal, settlements made between U.S. regulators with State Street Corp. and Bank of ... (read more)