You can become a millionaire while also fighting crime. All it takes is the right information and the right timing. There are whistleblowing programs from the SEC, IRS, CFTC, the False Claims Act, Bounty Hunting and other government programs. We’ll also be answering how much can you make being a whistleblower?
Whistleblowers get a 15-30% commission on the recovered amount of money. In cases such as violent crimes, the typical reward can range from $10k to $100k.
If you ever wanted to know how to become a millionaire, whistleblowing is the fastest way. You just need to keep an eye out for people doing something wrong. But be warned, FALSE whistleblowing reports can carry a fine of up to $11,000 or some time in prison. Don’t make that mistake and don’t send the wrong person to jail. Your actions can impact a lot of lives.
Snitching on criminals:
The old saying of “snitches get stitches” is insane. For anyone who knows about whistleblowing, they’ll tell you the truth, “snitches get riches.” That’s because snitches (aka whistleblowers, informants, witnesses) can get a reward or commission based on the crime of the personal doing criminal acts.
Rapper Nuke Bizzle fraudulently claimed over $1.2 million dollars for California’s unemployment benefits: If you reported Nuke Bizzle as a whistleblower, you would be eligible for 15-30% of the recovered money. Although I doubt they recovered the full $1.2 million (see music video where money is being spent), the potential you could make would be $360k! (official story).
Nuke Bizzle’s EDD music video premiered on YouTube on September 12, 2020. Just 11 days later, he was arrested by Las Vegas police. Funny enough, his single hit Spotify to lackluster results on 9/25/2020 and was arrested. He made a music video on YouTube describing exactly how he was defrauding the government.
This was probably one of the easiest cases to report. I REALLY wish I caught this one because it would have made me a thousand-naire (not quite a millionaire). At a $320k commission, that’s like 10 years of minimum wage that you made in 10 minutes.
Reporting A Crime: Justive.gov is a great starting point for reporting a crime. They have links to specific types of crimes but they don’t list the whistleblower reporting for the big tax crimes and other non-violent crimes.
Local Bounties: Depending on where you live, there is probably reward information based on crimes that happen in the city. For Los Angeles, the Board of Supervisors lists the current rewards. Most rewards range from $10k to $25k but can be as high as $100k for special circumstances. You’ll need to submit a claim before an arrest or conviction happens otherwise you will not be eligible for the reward.
FBI’s Top 10 Bounties: Each of the FBI’s top 10 Most Wanted Fugitives have a $100,000 reward for information leading up to their arrest. Pretty much if you see these guys on TV at a sporting event of concert, it’s worth it to throw in a tip. My biggest fear is submitting a wrong tip and hassling an innocent person. So be very careful and look closely. Think about how bad your day will be if the FBI thinks YOU’RE one of the most wanted fugitives in the United States.
Disaster Fraud: The government throw a lot of money towards disaster relief due to the time sensitivity of saving people’s lives. When there’s fast money, fraud tends to occur. That’s why you can report fraudulent charities, fake medical tests, scammers and much more.
Are the any protections for whistleblowers? Whistleblowers can choose file a report with their name or anonymously. There is risk of someone getting revenge on the whistleblower which is why you should probably opt for anonymous. In cases where whistleblowers report their employer, there are government protections against retaliations towards whistleblowers.
Whistleblower retaliation from an employer can come in the form of: firing, demoting, disciplining, denying benefits and much more.
The Million Dollar Awards:
For anyone that’s trying to become a millionaire through hard work, take it easy because there’s another way. There are million dollar rewards when you find out that there are billionaires cheating the government. These are the highest SINGLE government rewards given to whistleblowers according to Zuckerman law:
- CFTC (Commodity Federal Trading Commission) biggest reward: $45 million
- SEC (Security and Exchange Commission) biggest reward: $50 million
- IRS (Internal Revenue Service) biggest reward: $104 million
- False Claims Act (Can’t say something gives you magic powers) biggest reward: $250 million
The SEC’s job is to maintain fair, orderly and efficient markets. That means if there is any strange activity with a stock, they will investigate it. If you notice a stock trading unusually there’s likely to be stock manipulation. Additionally, only financial advisors are legally allowed to give financial advice. You can’t just have some guy on YouTube telling you to buy a stock because that can be interpreted as market manipulation.
With the IRS, that’s simple. If you know someone that’s not paying their taxes or severely underpaying, there’s money in reporting them. The award recipient of the $104 million dollar IRS whistleblower reward came from the accountant who was doing the taxes of many wealthy people.
The False Claims act means you can’t claim a product or service does something when it doesn’t. You can’t say Hydroxycloroquinne (I don’t know how it’s spelled) cures a disease when there’s no scientific data to actually back that up. Sure people can say it, but the company can’t say it otherwise that’s false advertising. I’m sure there’s a fine line because psychics don’t really work. They’ve been debunked and even made fun of on Last Week Tonight with John Oliver.
A lot of people make money snitching. Just look at the Trump administration and how many tell-all books came out. Those people snitched about their boss and got paid. I’m not sure if they filed an official whistleblower complaint or if there was any reward money. Now, I’m not saying this works for everybody. You can’t just report to the government how Steve from accounting keeps eating your fucking yogurt when it’s clearly labeled. Fuck that guy. That won’t make you any money.