- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Aaron Nicodemus2024-04-17T17:00:00
The Department of Justice (DOJ) launched a new pilot program that encourages voluntary self-disclosure by corporate executives who are themselves involved in financial misconduct, with the incentive of a nonprosecution agreement (NPA) for those who help an agency investigation.
The pilot program, unveiled Monday, aims to offer a “strong incentive” for executives involved in financial misconduct to provide to the DOJ “actionable, original information about criminal conduct that might otherwise go undetected or be impossible to prove.”
The program offers potential whistleblowers a new method for revealing wrongdoing related to fraud, money laundering, market manipulation, foreign corruption and bribery, healthcare fraud and illegal kickbacks, or fraud related to federally funded contracting.
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