Former American Senior Communities CEO, others to plead guilty in $16 million fraud case
By
Lois A. Bowers
Jan 02, 2018
The former CEO of American Senior Communities and two others have agreed to plead guilty to some of the charges related to their alleged roles in a $16 million fraud, kickback and money-laundering scheme.
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.
Senior living executive settles in $3.9 million SEC fraud case
By
Lois A. Bowers
Jul 12, 2017
A South Carolina businessman has settled with the Securities and Exchange Commission after being charged in January in a $3.9 million fraud case for allegedly diverting investor funds meant to buy or renovate...
Brookdale wins $35 million Medicare fraud lawsuit
By
Lois A. Bowers
Jun 26, 2017
A federal judge has permanently dismissed a lawsuit in which a former employee accused Brookdale Senior Living and subsidiaries of submitting approximately $35 million in fraudulent Medicare claims for...
Priest accused of stealing $535,000 from retirement home bank account
By
Lois A. Bowers
Apr 06, 2017
A Roman Catholic priest who was responsible for overseeing an Archdiocese of Philadelphia retirement home bank account was charged with four counts of wire fraud on Wednesday for allegedly diverting more...
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...
Anti-fraud efforts must include senior living, hearing witness says
By
Lois A. Bowers
Feb 15, 2017
Efforts to stop or prevent the financial exploitation of older adults should include assisted living and continuing care retirement communities, as well as personal care and nursing homes, because residents...
Bill seeks to reduce fraud against seniors
By
Lois A. Bowers
Jan 25, 2017
Two senators have introduced a bill with the goal of making it easier for financial institutions to report to authorities suspected fraud against older adults. Will the third time be the charm for the...
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.
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...