Pandemic-induced uptick in financial exploitation here to stay: AARP
By
Kimberly Bonvissuto
Oct 06, 2022
The COVID-19 pandemic created a shift in the financial industry that made older adults increasingly vulnerable to financial exploitation, according to a new report from AARP.
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: Philip Esformes reaches plea deal with federal prosecutors on remaining charges in landmark...
By
Lois A. Bowers
Feb 02, 2024
Philip Esformes, the assisted living community and nursing home owner charged in 2016 in a $1.3 billion healthcare fraud case that the federal government at the time called “the largest healthcare fraud...
False Claims Act settlements, judgments top $2.68 billion, set record for number
By
Lois A. Bowers
Feb 26, 2024
False Claims Act settlements and judgments exceeded $2.68 billion in the fiscal year that ended Sept. 30, with more than $1.8 billion of the total related to matters involving healthcare fraud, including...
Older adults lose $1 billion in scams, FTC reports
By
Kimberly Bonvissuto
Oct 26, 2022
Older adults lost $1 billion to scams in 2021, with impersonation and investment scams costing them more money last year compared with 2020, according to a new report from the US Federal Trade Commission.
Assisted living owner accused in historic $1 billion healthcare fraud scheme
By
Lois A. Bowers
Jul 24, 2016
The owner of more than 30 Miami-area assisted living and skilled nursing facilities was charged with conspiracy, obstruction, money laundering and healthcare fraud in connection with a $1 billion scheme...
Justice Department acts to dismantle fraud schemes targeting elderly
By
Lois A. Bowers
Sep 22, 2016
The Justice Department and additional agencies Thursday announced enforcement actions and the execution of search warrants to combat a global network of mass mailing fraud schemes that they said collectively...
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...
Trial date set in $1 billion healthcare fraud case
By
Lois A. Bowers
Nov 06, 2016
A Sept. 18, 2017, trial date has been set for Philip Esformes, the owner of several Florida assisted living and skilled nursing facilities who was accused earlier this year of leading a $1 billion fraud...
ALF owner accused in $1 billion fraud scheme ordered held without bond
By
Lois A. Bowers
Oct 04, 2016
Philip Esformes, the owner of several Florida assisted living and skilled nursing facilities who was accused earlier this year of leading a $1 billion fraud scheme, will continue to be held in the Miami...