The Obama campaign has gotten a financial boost this cycle from lawyers who specialize in filing fraud claims with the federal government on behalf of corporate whistleblowers. Such lawyers have raised more than $3 million for the president so far. The Obama administration has paid out $1.6 billion to whistleblowers during his time in office. Rewards for whistleblowers have reached as high as $104 million, and law firms representing them can take up to 40 percent of the proceeds. One expert said: “Increasingly, this is not just about exposing wrongdoing. It is about trying to generate as much money and fees for the firms handling the cases.” Mitt Romney has said he would repeal the Dodd-Frank Act, which greatly expanded the government’s whistleblower program.
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