The Securities and Exchange Commission today announced that three whistleblowers have been awarded a combined total of $25,000 for tips they provided to help the SEC and Justice Department thwart a sham hedge fund.

The SEC issued an order earlier this summer rewarding each of the three whistleblowers with 5% of the money that the SEC ultimately collects from its enforcement action against Locust Offshore Management and its CEO Andrey C. Hicks.

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