HHS nominee Xavier Beccera fortifies California fraud control unit
By
Kimberly Bonvissuto
Feb 01, 2021
California is elevating and expanding its efforts to uncover and pursue fraud, abuse and neglect cases.
Former Sunwest CEO’s 15-year prison sentence commuted on Trump administration’s final day
By
Kimberly Bonvissuto
Jan 22, 2021
Jon Michael Harder, the former CEO of Sunwest Management convicted of defrauding assisted living community investors of millions of dollars, had his sentence commuted in a last-minute move by now-former...
Philip Esformes appealing $43 million in penalties stemming from fraud conviction
By
Kimberly Bonvissuto
Jan 06, 2021
Former assisted living and skilled nursing facility owner Philip Esformes may have had his 20-year prison sentence for his role in “the largest healthcare fraud scheme charged by the U.S. Justice Department”...
DOJ highlights elder fraud efforts, cases in annual report to Congress
By
Kimberly Bonvissuto
Oct 26, 2020
An elderly woman whose son and daughter-in-law spent all of her money, forcing her to lose her home at an assisted living community, was featured in the recently published Department of Justice’s annual...
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...
Assisted living loan leads to discovery of $6 million fraud
By
Kimberly Bonvissuto
Jul 28, 2020
A Virginia financial adviser’s $6 million fraud was discovered after a client attempting to obtain a bridge loan to cover relocation expenses to an assisted living community discovered that the adviser...
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...
$1.8 million healthcare scam defrauded senior living residents, Justice Department says
By
Kimberly Bonvissuto
Jul 01, 2020
An Omaha, NE, man was sentenced to 46 months in prison for using the personal information of senior living residents in several states to defraud Medicare and state Medicaid agencies out of thousands of...
Older adults lose $835 million in 2019 internet scams, FBI says
By
Kimberly Bonvissuto
May 28, 2020
More than 68,000 adults over age 60 lost a total of more than $835 million in 2019 in internet scams, according to the FBI. The amount represents a substantial increase over the $649 million loss reported...