An overseas whistleblower who alerted the U.S. Securities and Exchange Commission to ongoing fraud will receive an expected award of $30 million, breaking the agency’s record for the largest such sum it has ever paid.

SEC officials said the widespread securities violations would have been difficult to detect were it not for the whistleblower, whose identity they did not make public.

Recommended Stories

Georgia officials scramble to resolve absentee ballot issues ahead of Election Day

Judge Boasberg orders DOJ to stop demanding California officials set aside 20,000 ballots

Supreme Court rejects DOJ bid to set aside 20,000 California ballots from suspected noncitizens