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Tuesday, April 14, 2026

US Prosecutors' Message for Whistleblowers: Let's Make a Deal - Yahoo Finance

(Bloomberg) -- Federal prosecutors in Manhattan have a reputation for taking a tough stance on co-conspirators. Plead guilty, cooperate and the judge may give you a shorter sentence.

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But they have a new message for would-be whistleblowers — get through the door first and you could avoid criminal charges entirely.

The US Attorney’s Office for the Southern District of New York announced a new pilot program, aimed at enticing tips from employees at private companies, financial institutions and investment funds that expose corruption and white collar crime.

“It’s consistent with the message we have been sending for a while now, which is to call us before we call you,” US Attorney Damian Williams said on Wednesday.

While the office has long used non-prosecution agreements to bolster cases, the pilot program may be the first of its kind rolled out at a US attorneys office. The Justice Department already has a voluntary self-disclosure program offering similar incentives for corporations that report misconduct.

According to the SDNY program, prosecutors can offer non-prosecution agreements in exchange for information that isn’t public, kick starts an...



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