Western Union to pay $586 million to compensate senior fraud victims, others
By
Lois A. Bowers
Jan 19, 2017
Western Union will forfeit a record-setting $586 million after admitting to the Justice Department that it aided and abetted wire fraud and did not maintain an effective program to deter money laundering....
Protecting older adults and retirement investments a priority in 2017, SEC says
By
Lois A. Bowers
Jan 12, 2017
Senior investors and retirement investments will be a major area of focus for the Securities and Exchange Commission’s Office of Compliance Inspections and Examinations in 2017, the SEC announced...
5 big issues in senior living in 2016
By
Lois A. Bowers
Dec 29, 2016
Looking back on our coverage of the senior living industry and the issues that affected it in 2016, several common themes emerge. Five are detailed in this year-end review.
American Senior Communities case defendant agrees to plead guilty
By
Lois A. Bowers
Dec 19, 2016
One of the defendants 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,...
$1 million Medicare fraud scheme targeted seniors housing residents, government says
By
Lois A. Bowers
Dec 04, 2016
A New Jersey woman faces up to 15 years in prison and $500,000 in fines after pleading guilty Thursday to her role in a $1 million Medicare fraud scheme through which residents of affordable seniors housing...
Assisted living manager pleads guilty to using resident IDs to obtain credit cards, charge $74,000
By
Lois A. Bowers
Nov 29, 2016
The former manager of a Maryland assisted living facility has pleaded guilty to bank fraud and aggravated identity theft for opening credit card accounts in the names of residents and charging more than...
CMS seeks input on home- and community-based services
By
Lois A. Bowers
Nov 08, 2016
The Centers for Medicare & Medicaid Services is seeking input on ways to accelerate the provision of home- and community-based services to Medicaid beneficiaries. The request comes as many assisted living...
10 ALF owners indicted on kickback and fraud charges
By
Lois A. Bowers
Oct 26, 2016
Ten owners of assisted living facilities in Florida have been charged with receiving kickbacks and bribes and committing healthcare fraud.
Former CEO of American Senior Communities, three others indicted for alleged $16 million scheme
By
Lois A. Bowers
Oct 12, 2016
The former CEO of American Senior Communities and three others have been indicted for their alleged roles in a $16 million fraud, kickback and money-laundering scheme, U.S. Attorney Josh J. Minkler announced...
New technologies can protect adults from fraud: reports
By
Lois A. Bowers
Oct 02, 2016
New technologies can help protect older adults from fraud, according to two reports recently published by the World Economic Forum.