Reuters reported a whistleblower will be paid $63.9 million for providing tips that led to JPMorgan Chase’s agreement to pay $614 million and tighten oversight to resolve charges it defrauded the government into insuring flawed home loans.
Reuters said further the payment to the whistleblower, Keith Edwards, was disclosed in a filing with the U.S. district court in Manhattan that formally ended the case.
To read the entire Reuters article, click here.
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