After long-years of silence Alayne Fleischmann, a former due diligence manager for JPMorgan can finally sleep at ease. She is the woman who got paid a large amount of money in order to buy her silence. On an lengthy interview with Rolling Stone she’s speaking for the first time after going through some rough times.
JPMorgan Chase paid one of the largest fines in American history to keep her from talking, she is the main witness in one of the biggest cases of white-collar crime in American history Rolling Stone reports; possessing secrets that JPMorgan Chase CEO Jamie Dimon late last year paid $9 billion to keep the public from hearing.
Let’s rewind to 2006, she was the a deal manager at the bank, Alayne witnessed first hand, what she describes as “massive criminal securities fraud” in the bank’s mortgage operations. She then tried to stop it, Ms. Fleischmann recounts a number of warnings she gave to JPMorgan executives. She repeatedly sent emails to managing directors warning of problems with the loans but she was told to stop sending them. She was laid off in 2008 and had to sing a non-disclosure agreement, although this did not prevent her from discussing any criminal wrongdoing.
She told Rolling Stone
“Every time I had a chance to talk, something always got in the way,”
It wasn’t until 2012 she began working with federal prosecutors in California who were pursuing a criminal inquiry. The bank was also facing a number of civil investigations into its mortgage practices.
Not a sole knows what she has been going through this past six-years, she signed a confidentiality agreement that prevented her from speaking out, she says even members of her family will only find out after they read her name on the papers. Her testimony was used by prosecutors to secure JPMorgan paid a $9billion settlement.
Despite having a fantastic resume, being a whistle-blower, is like sticking a huge scarlet letter on her forehead for everyone to see, so it’s an understatement to say she’s had to struggle to find work.
According to her LinkedIn, she is described as “Lawyer, Securities, M&A, Corporate Governance, Corporate Finance, Regulatory”
According to Lawyer Central, she is an Associate of McKee Nelson LLP, a law firm in Washington, DC. As a lawyer in Washington, District of Columbia, attorney Fleischmann serves District Of Columbia County, as well as clients throughout District of Columbia. She was also an associate at Bingham McCutchen, Cadwalader, Wickersham & Taft LLP.
She attended The University of British Columbia and holds a Bachelor’s Degree, Honours Philosophy and also Cornell Law School graduating in 2002, Juris Doctor (J.D.). She hold cettifications in NY State Bar, Alberta Bar and British Columbia Bar. She is in her late 30’s.