Canadian whistleblower’s testimony leads to multi-billion dollar settlement

As people wake up it’s important to keep these stories in the light.

Global News

WATCH ABOVE: 16×9’s “The Whistleblower”

For more than five years –big U.S. banks have been under scrutiny for their part in the 2007-2008 financial crisis.

JPMorgan Chase & Co. – America’s largest bank- is no different. For its part in the crash – the bank made an agreement with the U.S. Department of Justice to payout $13 billion to atone for misleading investors.

“I was completely caught off guard by the settlement,” says a former JPMorgan employee.

That’s Canadian-born, Alayne Fleischmann. She worked for JPMorgan as a transaction manager. Her job was to review and find the red flags in home loans the bank wanted to purchase from a mortgage lender.

She says what she witnessed during her tenure – helped the Department of Justice in their settlement against JPMorgan.

“These were completely private loans and we have every right to not buy them and we certainly never had to…

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