The Securities and Exchange Commission announced today the entry of a final consent judgment as to Fernando Passos in the SEC's civil enforcement action that charged Passos, the former executive vice president of finance and investor relations of Brazilian reinsurance company IRB Brasil Resseguros S.A., for allegedly planting a false story with the media…
Insurance & Financial Fraud
Former NFL player convicted in nearly $200M Medicare fraud scheme
Joel Rufus French sold patient information and sham doctors’ orders for orthotic braces that patients did not want or need.
JAMIE DIMON, COME ON DOWN! Trump announced the litigation 10 days ago on Truth Social, insisting that he would never consider a loser like Dimon, the CEO of JP Morgan Chase, to lead the Fed or Treasury. And yesterday he actually filed the thing in local court in Miami-Dade.
US President Donald Trump has filed a multimillion-dollar lawsuit against Wall Street’s largest bank, JP Morgan Chase, and its CEO, Jamie Dimon. The lawsuit against JP Morgan. The lawsuit alleges that JP Morgan included Trump, members of his family, and several of his companies on an alleged internal "blacklist.
The Wisconsin Office of the Commissioner of Insurance recently released a list of administrative actions for December. The actions are…
From ‘Frankenstein’ plans to annuities: Regulators warn of rising insurance abuse
Insurance fraud costs consumers over $308 billion annually. How can insurance professionals and consumers identify financial abuse?
On December 3, 2025, the Securities and Exchange Commission obtained final judgment against James R. Collins and Robert F. DiMeo, two former executives of a subprime automobile finance company, whom the SEC previously charged with misleading investors about the subprime automobile loans that backed the company's $100 million securities offering.
The Wisconsin Office of the Commissioner of Insurance recently released a list of administrative actions for November. The actions are…
An alleged victim of convicted sex offender Jeffrey Epstein is suing Charlotte- based Bank of America and another bank in New York claiming they financially supported his sex trafficking operations for years. The suits are brought under the Trafficking Victims Protection Act, federal anti-sex trafficking statutes, and common-law tort claims under New…
The Wisconsin Office of the Commissioner of Insurance recently released a list of administrative actions for October. The actions are…
Arizona Attorney General Kris Mayes is suing another manufactured home park and its owners in her latest effort to bring accountability to an industry that has long had little concrete oversight. Mayes filed a consumer fraud lawsuit against Palo Verde Mobile Home Park, LLC; Landon Asset Management, LLC, the owner of 18 homes at the park; and Landon Management…
Ballad Health Sues UnitedHealth Group Alleging Medicare Advantage Manipulation, Harm To Rural Patients
Ballad Health has filed a federal lawsuit in Greeneville against UnitedHealth Group, one of the nation's largest health insurers, a Ballad news release issued Tuesday morning stated. "Through the suit, Ballad Health aims to protect patients, physicians and hospitals across the Appalachian Highlands," the news release stated. "Ballad Health has worked in good…
Humana has lost a second lawsuit aiming to challenge the star ratings in Medicare Advantage.
Leo Govoni, 67, and his accountant John Witeck, 60, were indicted in June for a wire fraud, mail fraud, and money laundering scheme that spanned 15 years. According a complaint filed Thursday, the Center for Special Needs Trust Administration funneled stolen money through an elaborate network of accounts held at American Momentum Bank. The center deposited…
The Wisconsin Office of the Commissioner of Insurance recently released a list of administrative actions for September. The actions are…
United States Attorney for the Southern District of New York, Jay Clayton, and Assistant Director in Charge of the New York Field Office of the Federal Bureau of Investigation, Christopher G. Raia, announced today the unsealing of an Indictment charging VLADIMIR ARTAMONOV with securities fraud, investment adviser fraud, and wire fraud. ARTAMONOV was arrested…
The Wisconsin Office of the Commissioner of Insurance recently released a list of administrative actions for August. The actions are…
The office of the U.S. Attorney for the Eastern District of New York posted the following news release on Aug. 26, 2025:. Joseph Nocella, Jr., United States Attorney for the Eastern District of New York and Christopher G. Raia, Assistant Director in Charge, Federal Bureau of Investigation, New York Field Office announced the guilty pleas. "Protecting investors from…
–Farmers New World Life Insurance Company, recently announced a cybersecurity incident, which impacted the personal information of tens of thousands of individuals. Lynch Carpenter is a national class action law firm with offices in Pennsylvania, California, and Illinois. CONTACT Jerry Wells COMPANY Lynch Carpenter LLP PHONE 322-9243 EMAIL…
