Congratulations to Jan Orlando and her legal team. Ms. Orlando blew the whistle on an HSBC subsidiary for alleging defrauding the Small Business Administration’s SBA Express Loan program. Prosecutors said that HSBC USA sought reimbursement from the SBA on at least 42 defaulted loans that had been identified as fraudulent or potentially fraudulent, including cases of false commercial identity, check fraud, and other swindles.

The government recovered over $2 million, of that, over $360,000 has been allocated to Ms. Orlando for her efforts.

The case documents can be viewed here and here.