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Armando Montelongo, former 'Flip this House' star, loses bid to get ex-students' fraud claims tossed

January 31, 2023

The Texas Supreme Court on Friday declined to hear Montelongo's appeal of a lower court ruling that let the claims stand. Of the 37 plaintiffs who live in Texas, six reside in San Antonio. Montelongo, 52, lives in San Antonio and is best known as the former star of the cable television series "Flip This House.

Feds expect to collect $4.7B in insurance fraud penalties

January 30, 2023

—The Biden administration estimated Monday that it could collect as much as $4.7 billion from insurance companies with newer and tougher penalties for submitting improper charges on the taxpayers' tab for Medicare Advantage care. The Department of Health and Human Services said it will begin collecting payments from insurers when an audit turns up that…

Commissioner Causey touts North Carolina’s captive insurance program

January 30, 2023

North Carolina Insurance Commissioner Mike Causey declared that the state’s Captive Insurance Program remains among the world’s strongest domiciles as…

Lawsuit alleges Criminal District Court cost staffers thousands in retirement savings

January 30, 2023

Six Orleans Parish Criminal District Court staffers have sued their employer, alleging officials failed to enroll them in a state retirement system for years— ultimately depriving them of hundreds of thousands of dollars— even as the court quietly paid two other employees more than $150,000 for the same lost funds. In their lawsuit— filed Wednesday in Civil…

UI fraud shows folly of blind trust in government

January 30, 2023

As part of its $6 trillion spending spree, Congress created four new unemployment insurance programs. The Department of Labor "s inspector general" testified in March 2022 that the unprecedented infusion of federal COVID-19 relief funds into UI programs during the pandemic gave individuals and organized crime groups a high-value target to exploit.

Chicago news roundup: PPP fraud uncovered in Chicago, informant reveals $100K bounty on FBG Duck and more

January 28, 2023

At least 36 people used the address of this Salvation Army center in Humboldt Park to obtain federal Paycheck Protection Program loans, claiming individual annual income of at least $100,000. Here's the latest news you need to know in Chicago. Top storyClusters of pandemic relief loans went to the same Chicago addressesDuring the peak of the COVID-19…

Sheldon woman charged with insurance fraud

January 28, 2023

SHELDON, Iowa– A Sheldon woman has been charged with providing false claims to an insurer in connection with an insurance claim. According to a complaint filed in O'Brien County District Court, Miller in September made false statements about existing auto insurance coverage in an attempt to receive insurance benefits. The Iowa Insurance Division's Fraud…

Maine man sentenced to 33 months for pandemic relief fraud

January 27, 2023

BANGOR, Maine: A Levant man was sentenced today in U.S. District Court in Bangor for wire fraud and money laundering arising from his fraudulent receipt of Economic Injury Disaster Loan and Paycheck Protection Plan funds. According to court records, Franck formerly owned CCF Acoustics LLC and CCF Acoustical Systems. In the applications, Franck made numerous…

Maryland man facing indictment for fraudulent applications for COVID-19 benefits

January 27, 2023

Baltimore, Maryland– A federal grand jury returned an indictment yesterday charging Ryan E. Dales, age 34, of Baltimore, Maryland, with illegal possession of a firearm by a previously convicted felon and with wire fraud, relating to the submission of fraudulent applications for unemployment insurance benefits under the Coronavirus Aid, Relief, and Economic…

Rusk County logging contractor indicted in timber fraud case

January 27, 2023

Terry Aron Beall, 57, of Henderson, doing business as 2- Beall Logging, is accused of stealing between $500 and $20,000 in proceeds from a timber sale from a Rusk County landowner in 2021, according to the Texas A&M Forest Service. Beall had an agreement with the landowner to harvest timber from the property; however, the landowner contacted the Texas A&M Forest…

Indiana man pleads guilty to $300K investment fraud

January 27, 2023

SOUTH BEND— An Elkhart man has admitted he defrauded investors of more than $300,000 in a years-long scheme. Charles Ray Smith, 51, pleaded guilty to one count of wire fraud in U.S. District Court of Northern Indiana on Monday. He admitted that between 2016 and 2021 he fraudulently obtained $315,020 through fraudulent investment opportunities.

West Palm-area nursing school one of three targeted in fake diploma fraud probe

January 27, 2023

MIAMI— A now-shuttered nursing school in suburban West Palm Beach is one of three involved in a scam to create an illegal licensing and employment shortcut for aspiring nurses, federal officials in Miami said Wednesday. The U.S. Attorney's Office in Miami has indicted more than two dozen people in the scheme, which sold fraudulent nursing-school diplomas and…

Former NY legislator, ex-girlfriend both convicted of defrauding business of $250K

January 27, 2023

George Guldi. who served as a Long Island Legislator representing the South Fork of Suffolk County, and Litchfield County resident Victoria Davidson, of Lakeville, Connecticut, defrauded Ditech Financial LLC, a mortgage lender, Damian Williams, the United States Attorney for the Southern District of New York, announced. *Guldi, who was in state prison at the time…

East Texas logging contractor indicted in timber fraud case

January 27, 2023

A logging contractor has been indicted by a Rusk County grand jury on a state jail felony charge of timber purchase as trustee with intent to defraud. Terry Aron Beall, 57, of Henderson, doing business as 2- Beall Logging, is accused of stealing between $500 and $20,000 in proceeds from a timber sale from a Rusk County landowner in 2021, according to the Texas A&M…

Cape Cod dentist pleads guilty to $1.2 million embezzlement fraud scheme

January 26, 2023

A Boston man who worked as a dentist in Hyannis pleaded guilty to a $1.2 million embezzlement fraud scheme, according to the U.S. Attorney’ s Office for the District of Massachusetts. Jack Massarsky, 65, embezzled the $1.2 million from his employer, and fraudulently obtained government benefits in his employer’ s name, the office stated. The office added that…

Maine man sentenced to 33 months for fraudulently receiving PPP funds

January 26, 2023

The office of the U.S. Attorney for the District of Maine issued the following news release on Jan. 25, 2023:. A Levant man was sentenced today in U.S. District Court in Bangor for wire fraud and money laundering arising from his fraudulent receipt of Economic Injury Disaster Loan and Paycheck Protection Plan funds. According to court records, Franck formerly…

Former Suffolk County legislator convicted of defrauding mortgage lender

January 26, 2023

The office of the U.S. Attorney for the Southern District of New York issued the following news release on Jan. 25, 2023:. Damian Williams, the United States Attorney for the Southern District of New York, announced the convictions of GEORGE GULDI, a former Suffolk County legislator and disbarred attorney, and VICTORIA DAVIDSON for defrauding Ditech Financial…

Boston man pleads guilty to embezzling over $1.2M, defrauding government

January 26, 2023

The U.S. Attorney for the District of Massachusetts, Rachael S. Rollins, issued the following news release on Jan. 25, 2023:. A Boston man pleaded guilty today to embezzling over $1.2 million from his employer and fraudulently obtaining government benefits in his employer's name. Jack Massarsky, 65, pleaded guilty to one count of mail fraud and one count of wire…

'High-tech pickpocket' gets 33 months in prison after misusing PPP loans

January 26, 2023

Jan. 25— The second Maine man who admitted defrauding a pandemic business loan program was sentenced Wednesday in U.S. District Court in Bangor to 33 months in federal prison. Craig Franck, 40, of Levant admitted in August that he used more than $300,000 from two loan programs authorized by Congress during the COVID-19 pandemic for bail on a theft charge in…

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  • Missouri Department of Insurance: Over $24 Million Returned To Missouri Insurance Consumers In 2022
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