Fraud
FBI still investigating Jimmy Haslam, Pilot Flying J
A year after the raids, the investigation at Pilot Flying J is far from over, as federal authorities continue to examine the company in the methodical, painstaking approach that is typical of how the U.S. Justice Department handles complex, white-collar crime cases.
Read MoreFraud victims spend millions on attorneys and accountants trying to recoup losses
Being a fraud victim can be financially and emotionally devastating — then you get sucked into the U.S. legal system. For some investors, the experience can be maddening as they watch lawyers and accountants eat up $380 an hour and more in fees and expenses paid from recovered investor money as cases drag on. But…
Read MoreHow fraud flourishes in Medicare’s drug plan
Medicare’s massive drug program has a process so convoluted and poorly managed that fraud flourishes, giving rise to elaborate schemes that quickly siphon away millions of dollars. Among the findings of an ongoing investigation by ProPublica and NPR: ProPublica identified scores of doctors whose prescribing in Medicare’s drug program bore the hallmarks of fraud…
Read MoreSome non-profits found to keep significant losses quiet
Charities and other non-profits often try to keep their losses quiet to avoid spooking donors, but a Washington Post investigation by Joe Stephens and Mary Pat Flaherty used a new IRS tax return checkbox to find more than 1,000 organizations that reported significant diversions of assets. The Post’s online database is being used by news…
Read MoreNursing home residents’ trust funds lack oversight
“Thousands of residents in U.S. nursing homes and other long-term care institutions have had their personal savings raided or mismanaged after relying on the facilities to safeguard the money in special trust fund accounts, a USA TODAY investigation shows. At least 10 of the thefts have exceeded $100,000 from a single nursing home account.”
Read MoreInsiders Allege Fraudulent Accounting at SamTrans
“Insiders say they were asked to make changes to the San Mateo County Transit District’s financial records that they believe were illegal; they say SamTrans made up expenses to create the appearance it needed more taxpayer money.”
Read MoreDrivers’ $1 donation yields little for organ donors and their families
“The fund has raised about $10 million since 2000, including about $1 million or 10 percent that a state law designated to help organ donors’ families pay funeral and medical expenses. But none of the money has been spent to defray those bills, a Tribune-Review investigation found. Even after the state started a smaller program…
Read MoreExtra Extra Monday: Mentally ill inmates, sex predators unleashed, civil liberties violations
Sex Predators Unleashed | Sun-Sentinel“Another child is dead. This time, a brown-haired, brown-eyed girl, a year younger than Jimmy Ryce. A 1999 law passed after Jimmy was raped and murdered at age 9 is meant to protect Floridians from sex offenders by keeping the most dangerous locked up after they finish their prison sentences. But…
Read MoreBilling puts psychiatrist in two places at once; Minnesota alleges false billing
“A highly paid psychiatrist working in state mental health hospitals engaged in a pattern of false billing claims while collecting more than $430,000 in payments beyond his base salary over three years, according to investigative documents obtained by the Star Tribune.” Read the Star Tribune’s full investigation here.
Read MoreU.S. House panel probes SEC spending on consultants
“Reuters first reported in late February of last year that the SEC had spent millions of dollars hiring Booz Allen consultants to help streamline the agency, leading some agency insiders to question whether the SEC was getting its money’s worth.”
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