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Whistle-Blowers Become Investment Option for Hedge Funds

Date: May 19, 2010
Author: David Kocieniewski
QUOTE: Informants who turn in tax cheats have to wait years to get their share of any reward from the I.R.S.’s recently expanded whistle-blower program. So hedge funds, private equity groups and other big investors...agreeing to buy a percentage of those future payouts in exchange for a smaller amount upfront to the whistle-blowers.

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