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What About Whistle Blower Fraud?

It is amazing how much confidence we give to those who call themselves whistle-blowers, worse we rarely seem to prosecute them when they lie, make up stuff or embellish their tales. More often than not the whistle blower has an axe to grind and is indeed, as bad in his or her condemnation as those he or she accuses. And they love to use the "F-word" or Fraud. But how many whistle blowers are fraudulent in their stories?

Oh, there are plenty of rules and laws to protect the whistle blowers themselves, but what about the havoc they cause? Who pays for that? If it's a company, the stock might drop, meaning grandma's portfolio might become worthless and the company may end up laying off fathers and mothers who end up losing their homes and coming up short when they are feeding their kids.

Whistle blower fraud is akin to a class action lawyer attacking a company because it has deep pockets, purposely going after them and then doctoring up a case, and manipulating plaintiffs by paying them off. We know all this goes on, in fact some of the most well-known and highest profile class action lawyers in the nation are now in prison for cheating and tricking the courts.

But why would a whistle blower lie?

Several reasons; such as notoriety, vindictive ex-girlfriend revenge, competitor influences or just a mean and rotten person. Of course, this is not to say that some whistle blowers are not doing it for purely reasons of personal integrity. However, when they go to the newspapers and use the media to damage a company or modify the truth to get action, then they lack integrity and ought to be responsible for their actions.

"Lance Winslow" - Online Blog Content Service. If you have innovative thoughts and unique perspectives, come think with Lance; http://www.WorldThinkTank.net/.

posted by dancehuonk @ 8:16 AM