Jan. 13— The Nebraska Department of Insurance is investigating a Lincoln claims examiner in connection with $885,000 in claims suspected to be fraudulent, according to newly filed court documents. Because the Lincoln man hasn't yet been charged, the Journal Star isn't naming him. But in an affidavit to obtain a search warrant, served at the suspect's home Jan. 2,…
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Kent Pfaff, 59, from Washburn pled guilty to crop insurance fraud and is scheduled to be sentenced in March 2024. Pfaff must repay $379, 317 to the U.S. Department of Agriculture's Risk Management agency after he pleaded guilty to a felony count in a crop insurance fraud case on December 20, 2023. Pfaff's son, Steven Pfaff, was paid $145, 035, "and his farmhand,…
Federal mandates bring big lawsuit worries for health plan administrators
The Consolidated Appropriations Act of 2021 is imposing new disclosure requirements on health plan providers and the potential for big liability.
MOBILE, Ala.— The Mobile County District Attorney's Office announced criminal charges against a Prichard city councilman on Tuesday. Prichard City Councilman Derrick Griffin was arrested today on two counts of insurance fraud. "This indictment is part of a larger investigation," Mobile County District Attorney Keith Blackwood said.
DOL on a ‘crusade to ban commissions’ with fiduciary rule, speaker claims
Critics, and a few supporters, of the Department of Labor fiduciary rule proposal aired their complaints Wednesday at a House Capital Markets Subcommittee hearing.
New DOL rule could undermine financial advisors’ independent contractor status
The DOL’s new rule to determine if a worker is an employee or independent contractor could undermine advisor’s independent contractor status.
The office of the U.S. Attorney for the Northern District of Iowa issued the following news release:. Justin Eugene Dowie, age 41, from Cedar Rapids, received the prison term after pleading guilty on July 19, 2023, to one count of bank fraud, one count of money laundering, and one count of possessing ammunition as a felon. Dowie also perpetrated other fraud schemes on…
A Denver man is accused of being part of a national scam using the short-term rental platforms Airbnb and Vrbo to defraud thousands of victims, from California to Florida to Ohio. Authorities say the men created numerous fake host accounts on Airbnb and Vrbo— using stolen identities at least twice— to post multiple listings for the same rental property.
As legal wrangling intensifies over a house in Fairfield built on land the developer bought as the victim of a scam, the FBI appears to have evidence the fraudulent sale was part of a multi-state swindle, perhaps by the same people. The developer, in turn, sued that same Trumbull lawyer and his firm; the real estate agent with Keller Williams, who, according to court…
DOL fiduciary rule critic to lead House committee hearing on proposal
The House Capital Markets Subcommittee will hold a hearing at 10 a.m. Wednesday on “Examining the DOL Fiduciary Rule: Implications for Retirement Savings and Access.”
Orange County District Attorney David M. Hoovler announced that Nassau County resident Victor Coles, age 35, of Westbury, was arrested by the multi-agency Orange County White Collar Crime Task Force and charged with insurance fraud. As alleged in charges filed in court, Coles submitted a written application for car insurance using a false address.
The FBI has linked eight robberies to the scammers and is investigating 11 others across the eastern U.S. The confirmed robberies include a Subway sandwich shop in Kentucky, a Pennsylvania smoke shop and three Massachusetts liquor stores. In four of the robberies, a supposed victim had already filed the paperwork with USCIS, an FBI agent said in court documents.
New York Attorney General Letitia James has upped the ante in her civil fraud case against former President Donald Trump, asking the judge to fine him more than $370 million, a court filing shows. She also requested that the former president and two of his former business associates, Allen Weisselberg and Jeff McConney, be permanently barred from participating…
The charge stems from a Medicaid fraud investigation into Michael Mastronardi, who authorities said was billing for time spent assisting an aging uncle when he was actually working at the Greenwich Police Department. State Medicaid fraud investigators alleged Mastronardi used his elderly uncle to claim $50,000 in fraudulent wages from Medicaid.
According to the SEC's complaint, from approximately January 2018 until at least March 2023, Kapoor and certain of the defendant entities solicited investors by, among other things, making several material misrepresentations and omissions regarding Kapoor, Location Ventures, Urbin, and their real estate developments. The false statements allegedly…
The Wisconsin Office of the Commissioner of Insurance recently released a list of administrative actions for December. The actions are…
Deadline passes with over 19k comments on DOL fiduciary rule proposal
The Department of Labor wrapped up a relatively quick comment period Tuesday on its controversial fiduciary rule. Critics called on the DOL to withdraw the rule.
PHILLIPSBURG, NJ– In a release from the United States Attorney's Office, District of New Jersey, Christine Myers, a resident of Phillipsburg, New Jersey, was sentenced December 18, 2023 to 12 months and one day in prison for her role in a scheme to defraud public and private health benefits programs of at least $8.8 million for the billing of medically unnecessary…
John Arthur Hanratty, a 49- year-old New York- licensed attorney who lived in Rye until 2019 before moving to San Juan, Puerto Rico, was arrested on fraud charges in connection with a scheme to steal money from a bank for his investment firm, the US Attorney's Office for the Southern District of New York said. Between 2017 and 2021, Hanratty, licensed to practice law…
PUBLISHED: December 27, 2023 at 11:53 a.m.| UPDATED: December 27, 2023 at 3:02 p.m.. Maryland's bar counsel, which investigates wrongdoing by attorneys, has moved to suspend former Baltimore State's Attorney Marilyn Mosby's law license. Thomas M. DeGonia, the state's recently appointed bar counsel, cited Mosby's November perjury convictions in a petition…
