Senior living dominates long-term care M&A activity in second quarter … Almost half of working Americans don’t have access to retirement plans … Grant provides technology training, programs for NJ...
More news for Tuesday, Sept. 13
By
Kimberly Bonvissuto
Sep 13, 2022
Senate Aging Committee members seek information on alleged Alzheimer’s research fraud … 14 state governors launch healthcare workforce collaborative … CMS: Free updated COVID-19 vaccines provide...
Financial assistant charged with defrauding assisted living residents of $288,000
By
Alicia Lasek
Jul 13, 2021
A California woman was arraigned last week for defrauding two women for whom she had power of attorney and putting them at risk of eviction, the state attorney general announced Friday.
Former assisted living owner indicted for diverting $800,000 in residents’ benefits for personal expenses
By
Kimberly Bonvissuto
Apr 09, 2021
A federal grand jury has indicted the former owner of a Virginia assisted living community on 13 counts of wire fraud and two counts of making false statements for allegedly diverting $823,374 in federal...
Former Sunwest CEO gets 15 years
By
Lois A. Bowers
Nov 17, 2015
Former Sunwest Management CEO Jon Michael Harder has been sentenced to 15 years in prison for defrauding assisted living community investors of millions of dollars.
Anti-fraud efforts must include senior living, hearing witness says
By
Lois A. Bowers
Feb 15, 2017
Efforts to stop or prevent the financial exploitation of older adults should include assisted living and continuing care retirement communities, as well as personal care and nursing homes, because residents...
Florida bill criminalizing financial exploitation, abuse of older adults is on governor’s desk
By
Kimberly Bonvissuto
Apr 30, 2021
Legislation criminalizing the financial exploitation and abuse of Florida’s older or disabled adults is awaiting Gov. Ron DeSantis’ signature.
Senior living community developer stole $9.6 million from investors, SEC says
By
Lois A. Bowers
Jan 03, 2017
A California-based developer of senior living communities stole at least $9.6 million from foreign investors to finance his businesses illegally and pay for his “luxury lifestyle,” the Securities...
IRS scams top complaint to Senate Aging Committee fraud hotline for third year in a row
By
Lois A. Bowers
Mar 08, 2018
For the third consecutive year, in 2017, 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...
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”...