Countrywide Employee Fired For Reporting Fraud Will Get $930,000 And His Job Back

fired

A Countrywide (now Bank of America) employee who was fired after reporting fraud at the company is getting his job back.

According to Bloomberg:

The employee … had claimed that people who tried to report fraud to Countrywide’s employee- relations department suffered persistent retaliation.

He was fired after BofA bought Countrywide. The firing was found to be in violation of the whistleblower act. Now BofA will pay him $930,000 and reinstate him.

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.