13 assisted living operators arrested for insurance fraud
By
Lois A. Bowers
May 22, 2017
Thirteen operators of Miami-area assisted living facilities have been arrested for insurance fraud after a year-long investigation, Florida Chief Financial Officer Jeff Atwater has announced.
SEC announces new legal action related to Brogdon case
By
Lois A. Bowers
Apr 09, 2017
The Securities and Exchange Commission has announced new legal action in a case involving Atlanta-based businessman Christopher F. Brogdon, who was charged in late 2015 with fraud in connection with his...
Feds raid office of purported senior living developer, allege fraud
By
Lois A. Bowers
Apr 06, 2017
The FBI and Department of Homeland Security raided the offices of a purported senior living community developer on Wednesday, alleging a multimillion dollar scheme to defraud the federal government through...
Updated publication educates about financial abuse
By
Lois A. Bowers
Mar 30, 2017
New resources from the Federal Deposit Insurance Corp. and the Consumer Financial Protection Bureau can help educate you, your residents and their families about financial exploitation through fraud and...
Senior living bond offerings spur second lawsuit against bank holding company
By
Lois A. Bowers
Mar 16, 2017
A second lawsuit has been filed against a bank holding company in relation to series of senior living-related bond offerings, some of which were later determined to be fraudulent and some of which have...
CCRC bill would cause unintended consequences, advocacy group says
By
Lois A. Bowers
Mar 12, 2017
A Florida senator has introduced legislation he says is intended to protect residents from fraud perpetrated by continuing care retirement communities operating in the state, but a Sunshine State advocacy...
Assisted living owner, three managers charged with defrauding Medicaid of more than $1 million
By
Lois A. Bowers
Mar 12, 2017
The owner and three managers of an Alaska assisted living home have been indicted after the home allegedly billed the state for more than $1 million in home- and community-based services that were not...
Bank exec overseeing senior living-related bond offerings fined $55,000
By
Lois A. Bowers
Mar 08, 2017
A former bank executive responsible for a department overseeing what later was determined to be a series of fraudulent bond offerings by Christopher Brogdon will pay a $55,000 fine and will never work...
ALF owner in $1 billion fraud case now accused of bribery
By
Lois A. Bowers
Feb 13, 2017
Before an owner of dozens of Miami-area assisted living and skilled nursing facilities was accused in a $1 billion healthcare fraud scheme in July, he allegedly tried to bribe a state regulator to find...
SEC charges senior living executive with fraud, freezes assets
By
Lois A. Bowers
Jan 23, 2017
A South Carolina businessman has been charged with fraud and has had his assets frozen after the Securities and Exchange Commission alleged that he diverted funds raised from investors to buy or renovate...