Former Chicago-area nursing home executive charged with skimming $1M in federal funds
By
Amy Novotney
Aug 06, 2020
The former owner of several Chicago-area nursing homes was indicted last week on charges of skimming $1.1 million in federal funds.
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...
Residents an obvious target for financial scammers: expert
By
Amy Novotney
Jun 17, 2020
In any given year, the FBI estimates that millions of U.S. older adults are defrauded to the tune of approximately $3 billion. Further, just one in 44 of those cases are ever reported, according to the...
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...
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...
FTC warns that assisted living communities cannot take residents’ stimulus checks
By
Lois A. Bowers
May 18, 2020
The Federal Trade Commission is telling consumers to report assisted living communities and nursing homes to the federal government and to state attorneys general if facilities wrongly say they are entitled...
Narcotics theft alleged in first Medicaid fraud unit case
By
John O'Connor
Apr 20, 2020
Charlotte Kay Reilly, has become the first person to be prosecuted by the North Dakota Medicaid Fraud Unit. She was charged with theft of prescription medication and reckless endangerment.
Medicaid fraud discovered because of murder pushes nationwide assisted living monetary recoveries to...
By
Lois A. Bowers
Apr 01, 2020
Efforts by state Medicaid Fraud Control Units resulted in a total of 23 criminal convictions and more than $2.2 million in criminal monetary recoveries related to assisted living in fiscal year 2019, according...