StateIndiana

Indiana Securities Whistleblower Award: Earn Up to 10% for Reporting Fraud

Indiana's Securities Division pays whistleblowers up to 10% of penalties for reporting securities fraud in the state. Verified July 4, 2026.

Indiana Securities Whistleblower Award at a glance
RewardUp to 10% of penalties
JurisdictionIndiana
Administered byIndiana Secretary of State — Securities Division
Legal authorityInd. Code 23-19-7
Fraud coveredSecurities & investment
Eligibility / sharesDiscretionary; excludes restitution from the award base.
Anonymous filingNo — Identity known to the Division.
AttorneyOptional. Not required.
StatusActive.

Key takeaways

  • Whistleblowers can receive Up to 10% of penalties.
  • Administered by Indiana Secretary of State — Securities Division.
  • Identity known to the Division.
  • You can file this one yourself — no attorney required.
  • Discretionary; excludes restitution from the award base.

How to report and claim your reward

  1. Submit information to the Indiana Secretary of State, Securities Division

Track record

First award: $95,000 (2016, JPMorgan case).
Anonymity: Identity known to the Division.
Been a victim of this kind of fraud? This page is for whistleblowers reporting fraud they've witnessed. If you lost money to a scam yourself, start with our fraud victim recovery guides — how to report it, try to get your money back, and protect your identity.

Should you talk to a whistleblower attorney first?

Not strictly required here — you can file on your own.

Statistically, represented whistleblowers recover awards far more often than unrepresented ones, and reporting through the wrong channel — or second — can forfeit your reward entirely. Because whistleblower attorneys work on contingency, a consultation costs nothing.

Last verified: July 4, 2026 against official government sources. Program rules change — always confirm on the official site before filing.