Canadian extradited to U.S. in $27 million ransomware case affecting senior living
By
Kimberly Bonvissuto
Mar 14, 2022
A Canadian national indicted in 2020 in a $27 million ransomware fraud case affecting the senior living industry recently was extradited to the United States to face those charges.
Assisted living executive pleads guilty to wire fraud charge connected to multi-million dollar Ponzi...
By
Kimberly Bonvissuto
Nov 18, 2021
A Chicago businessman pleaded guilty Tuesday to a federal wire fraud charge in connection with a multi-million fraud scheme involving investors in the Orthodox Jewish community who invested in assisted...
LTC pharmacy agrees to $2.75M settlement over controlled substance dispensing, coverup allegations
By
Kimberly Bonvissuto
May 17, 2021
A national long-term care pharmacy provider agreed to a $2.75 million settlement with the federal government over allegations of improperly dispensing controlled substances at long-term care facilities...
Big senior living stories of 2020
By
Lois A. Bowers
Dec 22, 2020
A year ago, nobody in the U.S. senior living industry would have predicted that a pandemic would upend everyone’s personal and professional lives in 2020. But COVID-19 undoubtedly was the story of the...
Elder fraud scheme swindles victims out of $9.5 million in fees for false prizes, psychic services
By
Kimberly Bonvissuto
Oct 07, 2020
A Connecticut list brokerage firm pleaded guilty to facilitating elder fraud schemes resulting in at least $9.5 million in losses to victims through mass-mailing schemes.
Assisted living executives face new charges, accused of defrauding 75 investors of $22 million
By
Kimberly Bonvissuto
Sep 16, 2020
The owner and an executive of a chain of assisted living communities and nursing homes have been charged with fraud for allegedly orchestrating a Ponzi scheme that defrauded at least 75 investors out of...
Nursing homes previously sued for Medicare fraud received hundreds of millions in coronavirus relief...
By
Amy Novotney
Aug 05, 2020
For-profit nursing home operators that have faced accusations of Medicare fraud and kickbacks in recent years received more than $300 million in coronavirus relief payments, according to a Washington Post...
Second defendant agrees to pay $2.25 million to settle fraud charges against long-term care investment...
By
Kimberly Bonvissuto
Jul 09, 2020
The second defendant in a scheme to defraud investors in the Orthodox Jewish community who invested in assisted living communities and nursing homes throughout the Midwest has settled his case with the...
Coronavirus pandemic fuels robocall scams
By
Kimberly Bonvissuto
May 27, 2020
Americans are tired of robocalls. And with stay-at-home orders around the country, more of us are encountering an unwanted robocall when we answer our phones, according to a survey by Provision Senior...
Financial official recommends checks and balances after CCRC employee allegedly pockets $118,000
By
Lois A. Bowers
Feb 06, 2020
The Tennessee Comptroller’s Office is reminding senior living companies and other organizations to include checks and balances in their financial processes to help ensure that fraud doesn’t occur,...