Bled dry: How felons and fraudsters ruin hospitals across the U.S.

Virtually anyone can take over a hospital – even fraudsters, career criminals and bankrupt businessmen. In a two-part series, The Dallas Morning News describes how a feeble regulatory system allows crooked operators to seize hospitals, bleed them dry and put patients’ lives in peril. Part one details how a doctor purchased one of the nation’s most remote…

Read more »

Environmental Police officers swimming in overtime cash from pool perk

It is a lucrative job perk picked up by Massachusetts taxpayers. WBZ-TV discovered some Environmental Police officers are racking up hundreds of overtime hours, even doubling their salaries, by working at state-operated pools in the middle of their shifts.  Critics call the unusual “split shift” system a waste of resources. Over the two-month period the…

Read more »

Funds to update New Jersey 911 services are diverted to unrelated areas

Of the nearly $1.4 billion in taxes New Jersey residents have paid to fund a new 911 service since 2004, only about 15 percent of it has gone to the system, according to a report by NJ.com. The tax was meant to support current 911 operations, as well as fund the shift to NextGen 911,…

Read more »

Nearly a fifth of Illinois 9/11 loans deemed uncollectible

An analysis by the Chicago Tribune shows that nearly a fifth of the “economic injury disaster loans” made to Illinois small businesses in the wake of the 9/11 attacks have been deemed uncollectible by the U.S. Small Business Administration. The charge-off rate for the banking industry is well under 1 percent of loans. About half…

Read more »

Investigation digs into Denver Schoolsā€™ relationship with nonprofit

An investigation by FOX31 Denver has raised questions about a partnership between Denver Public Schools and a nonprofit run by a well-connected convicted embezzler. The station has been look into a “cozy relationship” between the public school system, a high school principal and her husband, the co-founder of the not-for-profit Young Adults for Positive Action…

Read more »

Clark County consultant peddles influence for $22,500 loan

Emerson Kruger is probably out of luck if he wants to collect the $22,500 he loaned to a Clark County government consultant who promised to use his influence to deliver a county contract. Email records and text messages provided by Kruger to the Las Vegas Review-Journal show that county consultant Tom Akers said he’d help…

Read more »

HUD backs millions in loans on projects worth a fraction of the debt

A government-funded luxury retirement complex with a pool, fitness center and a restaurant with a wildlife observation deck isn’t always the best thing, especially when the whole project goes bankrupt and leaves the Department of Housing and Urban Development on hook for more than $47.3 million in fees and interest. HUD inspector general’s Special Agent…

Read more »

Memo allowed Cincinnati sewer district to spend $680 million without oversight

A six-line memo written in 2007 allowed the Metropolitan Sewer District in Cincinnati, Ohio to spend as much as $680 million in public funds with little to no oversight. A Cincinnati Enquirer investigation found that the 2007 memo written by a former city manager “eliminated critical checks and balances just as the sewer district embarked…

Read more »

U.S. helps shaky colleges cope with bad student loans

The Education Department can cut off a college’s access to federal student loans if too many students default. But the department almost never shuts off that cash, an investigation by The Wall Street Journal found. Colleges can manipulate their default rates. The government not only knows this – it sometimes helps colleges that are about…

Read more »

Wealthy foreigners can buy visas through poorly regulated EB-5 program

U.S. immigration is a maze. Unless you’re rich. Thousands of wealthy foreigners have entered the U.S. through the EB-5 visa program, despite concerns of fraud and threats to national security, according to an investigation by the Sarasota Herald-Tribune. A firearms dealer, an attorney who has represented dozens of criminals coming into the country, businessmen linked…

Read more »