What are some of the financial incentives available to whistleblowers?

In Indiana, whistleblowing is protected by law, and whistleblowers may be eligible for financial incentives if they report fraud and other wrongdoing. These incentives are provided by the government in the form of a monetary reward. The Whistleblower Protection Act, recently signed into law in Indiana by Governor Eric Holcomb, offers two types of financial incentives to whistleblowers who report fraud and other violations of the laws of Indiana. First, such whistleblowers may be eligible for a reward of up to 10 percent of the amount recovered or saved by the government as a result of their report. This reward is referred to as a “bounty”. Second, whistleblowers may also be eligible for legal immunity from civil and criminal liability, for any information they provide in connection with the report. This immunity is referred to as a “safe harbor”. It is important to note that rewards and safe harbors are not automatic. To be eligible for these incentives, a whistleblower must provide information that leads to the investigation and successful prosecution of the fraudulent activity. Additionally, it is wise for individuals to consult an attorney if they are considering making a whistleblower report, as there are specific requirements for eligibility and the process can be complicated. In summary, Indiana’s Whistleblower Protection Act offers financial incentives to individuals who report fraud and other wrongdoing. These incentives are in the form of a bounty reward of up to 10 percent of the amount recovered or saved by the government due to the report, and legal immunity from civil and criminal liability.

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