Jury selection begins in $1 billion fraud case against assisted living owner
By
Lois A. Bowers
Feb 12, 2019
Jury selection began Monday for the trial of Philip Esformes, the owner of multiple Miami-area assisted living and skilled nursing facilities accused in 2016 of orchestrating a $1 billion healthcare fraud...
Businessman in alleged seniors housing bond scheme may pay $460,000 in settlement
By
Lois A. Bowers
Dec 06, 2018
A businessman accused of participating in a bond scheme alleged to have defrauded seniors housing investors will pay almost half a million dollars to resolve his case if a proposed settlement is approved...
Assisted living doctors agree to pay $4 million in False Claims Act settlement
By
Lois A. Bowers
Aug 31, 2018
A Tampa, FL, dermatology practice that provides on-site care for assisted living residents has agreed to pay $4 million to settle allegations that it submitted false claims to obtain Medicare and Medicaid...
Philip Esformes found guilty on more than 20 charges in healthcare fraud case
By
Lois A. Bowers
Apr 05, 2019
Philip Esformes, the owner of multiple Miami-area assisted living and skilled nursing facilities accused in 2016 of orchestrating a $1 billion healthcare fraud scheme, has been found guilty on more than...
Adults 80+ report $79 million in fraud and losses, FTC says
By
Lois A. Bowers
Mar 01, 2019
A newly released Federal Trade Commission publication provides statistics on fraud and loss cases as well as identity theft cases reported to law enforcement in 2018.
The number of reports of financial fraud against older adults has quadrupled since 2013, with 63,500 filed reports describing more than $1.7 billion in actual losses or attempted thefts in 2017, according...
Another defendant in American Senior Communities fraud case agrees to plead guilty
By
Lois A. Bowers
Nov 27, 2017
Another defendant in the alleged $16 million fraud, kickback and money-laundering scheme involving former executives of American Senior Communities has agreed to plead guilty to charges against him.
Attorneys general launch national effort to crack down on elder abuse
By
Lois A. Bowers
Aug 22, 2017
Over the next year, a new initiative will see state attorneys general across the country focusing on strengthening efforts to fight elder abuse, neglect and exploitation in senior living communities and...
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...
Imposter scams move up on FTC list of top consumer complaints
By
Lois A. Bowers
Mar 07, 2017
The Federal Trade Commission’s list of top consumer complaints has a new No. 2: imposter scams, according to a new report from the agency.