Monthly Archives: September 2015
Biggest Health Care Fraud Takedown Just Happened in Miami
In what is being touted as the largest health care fraud takedown in U.S. history, over 70 individuals were arrested in Miami recently. The Florida Attorney General, the FBI, and other federal agencies all worked jointly to arrest 73 individuals involved in various health care fraud schemes. This was a massive operation that encompassed… Read More »
SEC Clawing Back Executive Compensation
The Securities and Exchange Commission recently reached a settlement with the large IT company, Computer Sciences Corp. The company has agreed to pay $190 million to the Commission, and the former chief executive officer is providing $3.7 million in compensation as part of a settlement for financial fraud charges. Computer Sciences has neither admitted… Read More »
Check Fraud Ring Busted in Central Florida
Local authorities in Central Florida recently shut down a seven-county check fraud ring. Over two dozen perpetrators were arrested for an operation that affected at least 80 victims. Check fraud is a type of bank fraud that takes many forms. Fake check scams, trafficking in stolen checks, embezzlement, and “check kiting” are a few… Read More »