What is a whistleblower reward?

A whistleblower reward is money given to an individual who has come forward with information about wrongdoing by an organization or government agency. In the state of Virginia, whistleblowers can receive rewards if the information they provide leads to a successful prosecution and recovery of funds. The amount of money rewarded is based on the amount recovered, and the whistleblower can receive up to 30% of the total amount. The state of Virginia has several laws that protect whistleblowers from being retaliated against by their employers. This includes a policy against wrongful termination, and also laws which forbid employers from taking adverse action against an employee for reporting information about fraudulent or illegal activities. The state also has bounty laws which may apply to whistleblowers, including a qui tam statute. This means that if the state successfully prosecutes a case due to the whistleblower’s information, and money is recovered, the whistleblower may be eligible for a reward which may range from 15 to 30% of what is recovered. In some cases, the whistleblower may even be eligible for attorney fees if they have to take legal action. In summary, a whistleblower reward is money given to an individual who has come forward with information about wrongdoing by an organization or government agency, in the state of Virginia. These whistleblowers may be eligible for rewards based on the amount of money recovered, and in some cases, even attorney fees.

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What is a whistleblower reward?

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