Unsterile OR Tools? Welcome to DMC and Tenet Healthcare
Detroit Medical Center (DMC) boasts that it is one of the largest teaching hospitals in the United States. Affiliated with Wayne State University and Michigan State University, medical students from...
View ArticleMedicare Fraud Agency Turns 40… A Look Back
40 years ago today (October 15, 1976), then U.S. President Gerald Ford signed legislation creating the Office of the Inspector General (OIG) in the Department of Health, Education and Welfare. From its...
View ArticleKansas Federal Reserve Chief Focused on Cybersecurity
With all the doom and gloom attention focused on the election and economy, one senior official is sounding a different alarm. Cybersecurity and the growing threat of cyberhacking faced by banks. Kansas...
View ArticleSEC Fines Anheuser Busch for Trying to Impede FCPA Whistleblower
Bribery of foreign officials is against the law in the United States. So are attempts to silence or hinder whistleblowers. Brewer giant Anheuser Busch InBev (InBev) managed to do both and is now paying...
View ArticleContractor Seeks to “Assassinate” Gov’t Official – FCA Post
A client just shared with me a Washington Post article from last year. Although a bit dated, it’s a great article with many lessons for today. It shows just how nasty and greedy some companies can...
View ArticleSEC Fines Ex- LPL Broker for Churning
Churning occurs when a stockbroker does excessive trading in a client’s account. The trades are designed to maximize commissions for the broker instead of profits for the customer. Churning is illegal...
View ArticleURGENT NOTICE for United Development Funding IV REIT
Texas REIT company United Development Funding (UDF) has suffered much turmoil recently. This week the company announced it had received a Wells notice from the SEC. Named after the former chair of an...
View ArticleSleeping with the Enemy? Qui Tam Whistleblower Post
A recent article in the Corporate Crime Reporter (CCR) suggested that qui tam lawsuits against military contractors are not often successful because the Defense Department is too “cozy” with the...
View ArticleNew Freedom Mortgage Investigation – Improper Crediting of Payments
The fraud recovery and lender liability lawyers at Mahany Law are investigating claims that Freedom Mortgage does not properly credit payments made by homeowners. We have been told by one homeowner...
View ArticleTrash Hauling, Politicians & NJ… No, It’s Not an Episode of the Sopranos
A New Jersey politician is in the news today and for once it’s not someone tied to Gov. Chris Christie’s Bridgegate scandal (although our story certainly involves Christie). This time it is the former...
View ArticleWells Fargo Employee? Denied Overtime? Now Is the Time
Wells Fargo long time CEO John Stumpf is out of a job, and even after giving up tens of millions of dollars in pay and benefits, still has a “golden parachute” that would make anyone envious. The Board...
View ArticleFeds Investigate BoA, Chase, Citi, Others – Bank Overtime Post
“That didn’t take long!” That is the reaction on Wall Street to the Comptroller of the Currency’s (OCC) announcement that it is looking into the incentive compensation structures of several large and...
View ArticleFrom Shadow Branches to Shadow Banks… (Whistleblower Post)
One of the biggest banks frauds in recent history was that perpetrated by Allied Home Mortgage. As I type this post, a federal jury trial is underway in Houston to determine whether Allied and its...
View ArticleCFPB to Examine Discriminatory Lending Practices (Whistleblower Post)
The Consumer Financial Protection Bureau (CFPB) sent warning notices to 44 mortgage companies and lenders warning them that they may be out of compliance with federal mortgage data reporting...
View ArticleShip Pollution Cases Increasing, Whistleblower Awards
Today’s Wall Street Journal carried a grim story for those in the shipping industry. According to the Journal, “none of the world’s biggest container shipping companies is likely to post a profit this...
View ArticleBiggest “Boondoggle” in History? Whistleblower Post
Several geothermal power plants connected to Ormat Technologies, Inc. have agreed to pay $5.5 million to settle a fraud complaint brought under the federal False Claims Act. That law allows a...
View Article10 FLA Assisted Living Facility Owners Charged with Medicare Fraud
Ten individuals who own and operate assisted living facilities (ALFs) in the Miami metro area have been criminally charged with federal healthcare fraud. The Department of Justice says the men and...
View Article“My Family Thinks I’m a Fraud for Working at Wells”– FIRREA Post
There was an article yesterday in CNN Money titled “Inside Wells Fargo, Workers Say the Mood is Grim.” Thats where I found the title quote above. For years, the “too big to fail” banks have been “too...
View ArticleBank of America Accused of Gouging Ex Inmates – FIRREA SEC Post
There are both evil people in this world and ordinary people who make mistakes. Sometimes those people go to jail. Over 99% of those incarcerated are ultimately released. And in Arizona, when they are...
View ArticleWhy Wells Fargo Spawns Greed and Corruption (Whistleblower Post)
Lately we have been posting a tremendous amount of content about America’s third largest bank, Wells Fargo. Certainly there is plenty to write about. Everyday at least one media outlet carries a story...
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