Showing posts with label fraud industry. Show all posts
Showing posts with label fraud industry. Show all posts

Thursday, December 17, 2009

26 Arrested in Three States in Medicare Fraud Schemes

The New York Times reports that Federal agents arrested 26 suspects in three states on Tuesday, including a doctor and nurses, in a crackdown on Medicare fraud totaling $61 million.

The raids came a week after a report that Miami-Dade County got more than half a billion dollars from Medicare in home health care payments intended for the sickest patients in 2008, more than the rest of the country combined, even though only 2 percent of those patients nationwide live there.

Learn more: 26 Arrested in Three States in Medicare Fraud Schemes



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Monday, December 7, 2009

Alleged Ponzi Scheme Uncovered in Florida

The Associated Press reports that attorneys sorting through the books of disbarred Florida lawyer Scott Rothstein have uncovered handsome salaries for the disgraced attorney and his partners.

In 2008, Rothstein collected $35 million. Stuart Rosenfeldt, a 50 percent partner, received more than $6 million, and name partner Russell Adler was paid $888,000.

The law firm is now in bankruptcy, and Rothstein faces charges including racketeering and money laundering in what authorities allege was a massive ponzi scheme. Creditors have filed nearly $1.2 billion in claims.

Bankruptcy attorneys say the firm's books are a mess, and it's impossible so far to paint a complete picture.

Rothstein has pleaded not guilty.



Florida Lawyer Charged With Fraud Collected $35M in 2008



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