IRS impersonation scams top complaint to Senate Aging Committee fraud hotline for fourth year
By
Lois A. Bowers
Jan 17, 2019
For the fourth consecutive year, in 2018, IRS impersonation scams were the top type of scams reported to the Senate Special Committee on Aging’s fraud hotline, according to the committee, which released...
Businessman in alleged seniors housing bond scheme may pay $460,000 in settlement
By
Lois A. Bowers
Dec 06, 2018
A businessman accused of participating in a bond scheme alleged to have defrauded seniors housing investors will pay almost half a million dollars to resolve his case if a proposed settlement is approved...
New federal task force will fight fraud
By
Lois A. Bowers
Jul 12, 2018
A new federal task force will focus on fighting healthcare fraud, cyber fraud and other fraud targeting older adults, and other types of fraud affecting the government, Deputy Attorney General Rod Rosenstein...
Two more sentenced in American Senior Communities fraud scheme
By
Lois A. Bowers
Jul 10, 2018
Two more defendants were sentenced Monday for their roles in a $19.4 million fraud, kickback and money-laundering scheme that previously led to prison terms for two former American Senior Communities executives.
ASC’s former CEO sentenced to 9.5 years in federal prison for role in $19.4 million fraud scheme
By
Lois A. Bowers
Jul 02, 2018
Former American Senior Communities CEO James Burkhart was sentenced Friday to 9 1/2 years in prison for his role in what U.S. Attorney Josh J. Minkler described as a “massive fraud, kickback and...
More news for Tuesday, June 26
Jun 26, 2018
AARP invests $60 million in dementia and Alzheimer’s research … Defendant sentenced in multimillion dollar telemarketing scam targeting elderly victims
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.
9 senior living communities involved in $3.9 million SEC fraud case get new owners
By
Lois A. Bowers
May 02, 2018
Nine Georgia and Alabama senior living communities that went into receivership last year after their owner was charged with fraud and had his assets frozen now have new owners.
Bill expanding Medicaid fraud investigations wins support but appears stalled
By
Lois A. Bowers
May 01, 2018
A bipartisan bill that would expand the reach of Medicaid Fraud Control Units to any setting where beneficiaries receive services has gained the backing of the National Association of Attorneys General...
Assisted living connections highlighted in Senate hearing on guardians
By
Lois A. Bowers
Apr 19, 2018
Cases of financial exploitation of older adults by their legal guardians, including cases indirectly involving assisted living communities, “highlight shocking breaches of trust by people who obtained...