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...
Former senior living executive to repay $74 million to defrauded investors
By
Kimberly Bonvissuto
Oct 31, 2023
A former senior living executive, whose prison sentence for fraud was commuted by former President Trump as he left office, still must repay more than $74 million in restitution to his more than 1,400...
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 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...
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.
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...
Former nursing director able to embezzle $420,000 after computer access not cut off when she was fired
By
Kimberly Bonvissuto
Jan 18, 2023
A senior living community nursing director was able to embezzle thousands of dollars from her former employer after being fired, in part because the community did not immediately disable her access to...
Canadian extradited to U.S. in $27 million ransomware case affecting senior living
By
Kimberly Bonvissuto
Mar 14, 2022
A Canadian national indicted in 2020 in a $27 million ransomware fraud case affecting the senior living industry recently was extradited to the United States to face those charges.
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...