Owner of San Diego-based Shammas Funding Inc. Pleads Guilty to Fraudulently Obtaining $5 Million in Pandemic-Related Loans
Article Type
Investigative Press Release
Publish Date
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Abbreviation
FDIC
Agencies
Federal Deposit Insurance Corporation
Federal Agency
Yes
Location
United States
What to Report to the OIG Hotline
Any situation that involves suspected fraud, waste, abuse, or mismanagement within FDIC programs, activities, contractor operations, or FDIC-regulated financial institutions should be reported to the FDIC OIG Hotline.
Please Note: If your complaint relates to a bank, you should contact the Government agency that regulates the bank. Most large banks, including Bank of America, Wells Fargo, CitiBank, and JPMorgan Chase, are insured by the FDIC, but are regulated by a different government agency. To find out who regulates your bank and where to direct your complaint, please click on the FDIC’s BankFind tool (or paste this URL into your internet browser: https://research.fdic.gov/bankfind/). Using the BankFind tool, search for your bank, click on the hyperlink for your bank’s name, and then click on the hyperlink in the Consumer Assistance field to file your complaint directly with the appropriate bank regulator.
Allegations of Whistleblower Reprisal or Retaliation
Certain individuals have Whistleblower status, as defined by Federal statute. This status carries specific rights and responsibilities. The Inspector General Act and other Federal laws prohibit reprisal actions or retaliation against FDIC employees who have previously made complaint or disclosed information to certain individuals, including (but not limited to) the Office of Inspector General. FDIC employees also have whistleblower protection rights when they engage in protected activities such as the exercise of a lawful complaint, appeal, or grievance right.
If you have previously made a protected whistleblower disclosure or engaged in a protected activity as described above, and believe you have been subject to retaliation for making such protected whistleblower disclosures and/or engaging in protected whistleblower activities, contact the FDIC OIG Whistleblower Protection Coordinator using the OIG Hotline link below.
What Not to Report to the OIG Hotline
Please understand that the FDIC OIG cannot:
• Enforce banking rules or regulations,
• Act as a legal advisor, or
• Resolve or mediate disputes between individuals and the FDIC or its member banks.
Hotline Page
Whistleblower Protection Page
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