On March 7, the Department of Justice (DOJ) announced a new department-wide whistleblower pilot program, which aims to incentivize whistleblowers to come forward with information related to corporate misconduct. By offering monetary rewards to whistleblowers, the program seeks to enhance enforcement efforts and promote transparency in the business world.
DOJ’s new pilot program is designed to complement existing programs. While other agencies already have whistleblower programs for specific types of misconduct under the jurisdictions of those agencies, the DOJ’s focus will be on significant corporate fraud and financial misconduct of which the government is not already aware and which is not covered by those programs.