By
Kyle Brasseur2022-12-01T21:11:00
The former chief executive officer of cyber-fraud prevention company NS8 now faces charges of impeding and retaliating against a whistleblower following an amended complaint from the Securities and Exchange Commission (SEC).
Adam Rogas, a co-founder of NS8 who also served as the company’s former chief financial officer, was sentenced to five years in prison last month by a federal judge after pleading guilty to defrauding investors of more than $100 million. He was ordered to forfeit more than $17.5 million.
Despite the steep penalties, Rogas still faces potential discipline from the SEC, which also accused him of fraud in a complaint filed in September 2020.
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2023-03-17T18:05:00Z By Aaron Nicodemus
Sens. Chuck Grassley (R-Iowa) and Elizabeth Warren (D-Mass.) revived a whistleblower protection bill aimed at shielding whistleblowers from retaliation and cutting down on the time it takes to receive an award from the Securities and Exchange Commission.
2022-11-04T18:28:00Z By Adrianne Appel
The co-founder of NS8, a cyber-fraud prevention company, was sentenced to five years in prison and ordered to forfeit $17.5 million for defrauding investors of more than $100 million, the Department of Justice announced.
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David Hansen, co-founder of Las Vegas-based software company NS8, agreed to pay $97,523 to settle charges from the Securities and Exchange Commission that he impeded a whistleblower’s attempt to communicate with the agency about a securities law violation.
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Nick Ephgrave, director of the U.K.’s main anti-corruption enforcement agency, the Serious Fraud Office, will retire at the end of March—about halfway through his appointed five-year term. Experts say he leaves the agency in a lot better position than he joined it in September 2023.
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Kaiser Health affiliates have agreed to pay more than $556 million to settle allegations originally made by whistleblowers that they ignored compliance department warnings and unlawfully reworked diagnoses for Medicare patients in order to receive higher payments from the federal government.
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