The Arizona Corporation Commission issued the following securities division news:. Phoenix, Ariz.- The Arizona Corporation Commission ordered David J. Volpe of Scottsdale to pay $459,500 in restitution and a $65,000 administrative penalty for committing securities fraud. In 2021, the Maricopa County Superior Court appointed a permanent guardian and…
Insurance & Financial Fraud
The Wisconsin Office of the Commissioner of Insurance recently released a list of administrative actions for March. The actions are…
You’re Wrong Elon: Social Security’s Not The ‘Ponzi Scheme’, The ‘Unrealized Gains’ Tax Loophole Is – OpEd
"At current interest and tax rates, it is far cheaper to borrow against the value of one's shares than to sell them and pay taxes on the gains." Elon and his fellow perps do this, all the while planning to steal Social Security by setting up a' cat food commission' to privatize the only retirement most Americans will ever see. According to Forbes, our' first buddy', ersatz'…
The Wisconsin Office of the Commissioner of Insurance recently released a list of administrative actions for February. The actions are…
The Trump administration earlier this month ordered the CFPB to stop nearly all its work, effectively shutting down an agency that was created to protect consumers after the 2008 financial crisis. Billionaire Elon Musk, of the Department of Government Efficiency, has been taking aim at the CFPB. Warren has been warning that shutting down the CFPB will leave the…
Sunny Hostin’s husband seeking to settle medical fraud lawsuit, says attorney
The husband of longtime co-host of “The View,” Sunny Hostin, is among a group of doctors still negotiating to settle a massive medical fraud lawsuit in New York City.
North Carolina Insurance Commissioner Mike Causey today fined UnitedHealthcare of North Carolina Inc. and its affiliate UnitedHealthcare Insurance Co. $3.4…
The Wisconsin Office of the Commissioner of Insurance recently released a list of administrative actions for January. The actions are…
Louisiana Insurance Commissioner Tim Temple said his office will continue to pursue an insurance fraud case despite a Friday ruling…
North Carolina Insurance Commissioner Mike Causey today announced the arrest of Joshua Hall, 42, of 2001 Woodtop Court, Charlotte. Hall…
Lindberg request for residential detention hit by prosecutors
Prosecutors push back on a request by convicted fraudster Greg Lindberg to serve time in a halfway house near his home.
Where does Greg Lindberg rank among all-time life insurance fraudsters?
Now that cases against Greg Lindberg are nearing a close and only prison awaits, where does his rank among the all-time life insurance scandals?
Greg Lindberg changes course, pleads guilty to $2 billion fraud
Troubled financier and onetime Bankers Life Insurance Co. owner Greg Lindberg pleaded guilty Tuesday to engineering a $2 billion fraud.
The Wisconsin Office of the Commissioner of Insurance recently released a list of administrative actions for October. The actions are…
North Carolina Insurance Commissioner Mike Causey announced the arrests of Allen Ray Gowans and Natasha Die’t Jones as result of…
Iowa Insurance Commissioner Doug Ommen was appointed the receiver of Beckstone Partners, LLC (Beckstone), DesFined, LLC (DesFined), East King Management,…
The office of the U.S. Attorney for the District of Massachusetts issued the following news release on July 12, 2024:. Five Massachusetts residents and one New York resident have been charged in connection with a scheme to defraud various health insurance companies by submitting fabricated claims seeking reimbursement for over $1 million worth of bogus…
ST. LOUIS— A doctor, his partner and a front desk receptionist have been indicted in U.S. District Court on charges of health care fraud and illegally prescribing controlled substances. The alleged goal of the conspiracy was to create higher profit margins by billing insurance companies for prescriptions given for“ no legitimate medical purpose,” from at least…
Rishi Shah, the Indian-American cofounder of Outcome Health, has been sentenced to seven and a half years in prison. This sentence comes after his involvement in a $1 billion fraud scheme that affected major investors like Goldman Sachs, Google’s parent company Alphabet, and Illinois Governor JB Pritzker’s venture capital firm.
