At a time of year when many of us are purchasing gift cards to enable loved ones to buy something of their choosing, data from the Federal Trade Commission reveal that, increasingly, criminals are separating...
Median loss to fraud higher for adults in their 80s than for any other age group: FTC
By
Lois A. Bowers
Nov 01, 2021
Adults 80 or older who made fraud reports to the Federal Trade Commission’s Consumer Sentinel Network, or who had reports made on their behalf, lost a median of $1,300 to fraud in 2020, according to...
Criminal recoveries for Medicaid fraud in assisted living top $1 million again due to case discovered...
By
Lois A. Bowers
Apr 08, 2021
Fallout from a Medicaid fraud case discovered because of a murder at an assisted living community had an outsized effect on fraud-related criminal monetary recoveries by state Medicaid Fraud Control Units...
Philip Esformes has 20-year sentence in fraud case commuted by President Trump
By
Lois A. Bowers
Dec 23, 2020
In one of two cases with assisted living connections, President Donald Trump has commuted the sentence of Philip Esformes, the former assisted living and skilled nursing facility owner who was sentenced...
Big senior living stories of 2020
By
Lois A. Bowers
Dec 22, 2020
A year ago, nobody in the U.S. senior living industry would have predicted that a pandemic would upend everyone’s personal and professional lives in 2020. But COVID-19 undoubtedly was the story of the...
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...
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...
President’s clemency order in $205 million case sends message that assisted living fraud is OK, former...
By
Lois A. Bowers
Mar 19, 2020
President Trump’s commutation of the 35-year prison sentence of a woman convicted of orchestrating a $205 million Medicare fraud scheme that involved assisted living facility owners and operators “may...
Financial official recommends checks and balances after CCRC employee allegedly pockets $118,000
By
Lois A. Bowers
Feb 06, 2020
The Tennessee Comptroller’s Office is reminding senior living companies and other organizations to include checks and balances in their financial processes to help ensure that fraud doesn’t occur,...
Adults 80+ reported $72 million in fraud and losses in 2019, FTC says
By
Lois A. Bowers
Jan 28, 2020
Adults aged 80 or more years reported fraud and losses of $72 million in 2019, according to the Federal Trade Commission.