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...
Senior Safe Act on the way to president’s desk
By
Lois A. Bowers
May 24, 2018
A bipartisan bill intended to help protect older adults from financial exploitation and fraud is on its way to the president’s desk to be signed into law.
More news for Wednesday, April 5
By
Kimberly Bonvissuto
Apr 05, 2023
House introduces veterans’ long-term care assisted living access bill … CMS finds assisted living residency agreements fail to meet HCBS requirements … Brightview only senior living company on ‘Best...
Arizona AL community turns over control to third party amid abuse, fraud allegations
By
Kimberly Bonvissuto
Apr 26, 2024
An Arizona assisted living owner has turned over control of its community to a third-party receiver following allegations of elder abuse and consumer fraud.
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.
Big senior living stories of 2019
By
Lois A. Bowers
Dec 23, 2019
Here’s a look at some of the news that occupied many minds in senior living over the past year.
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...
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...
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...
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,...