FBI, Justice Department cracking down on PPP loan fraudsters
By
Kathleen Steele Gaivin
Mar 19, 2024
The FBI and Justice Department are reportedly ramping up investigations and prosecutions of companies believed to have fraudulently obtained Paycheck Protection Program loans during the pandemic.
Fraudsters stole $280 billion+ in COVID-19 relief funding: analysis
By
Kathleen Steele Gaivin
Jun 13, 2023
More than $280 billion in COVID-19 relief meant for businesses and individuals intentionally was stolen by fraudsters, and another $123 billion was wasted or misspent, according to an Associated Press...
More news for Thursday, May 18
By
Kimberly Bonvissuto
May 18, 2023
Provider brings ‘magic tables’ to all CCRCs … NIH awards $2.3M to study link between COVID-19, cognitive decline … 5 plead guilty in fraudulent nursing diploma scheme
Pandemic-induced uptick in financial exploitation here to stay: AARP
By
Kimberly Bonvissuto
Oct 06, 2022
The COVID-19 pandemic created a shift in the financial industry that made older adults increasingly vulnerable to financial exploitation, according to a new report from AARP.
Provider ‘strongly denies’ fraudulent use of federal COVID-19 vaccination program for ineligible...
By
Kimberly Bonvissuto
Jul 05, 2022
A Florida senior living and care provider “strongly denies” allegations that it used a federal COVID-19 vaccination clinic to inoculate hundreds of ineligible donors, saying it settled with the federal...
More news for Friday, May 13
By
Kimberly Bonvissuto
May 13, 2022
COVID-19 booster rollout needs reboot to protect older adults … Artificial intelligence prompts older adults’ participation in research studies … Third ‘grandparent scam’ defendant pleads guilty...
Federal crackdown uncovers $149 million in healthcare-related COVID-19 fraud
By
Kimberly Bonvissuto
Apr 21, 2022
The Department of Justice on Wednesday announced criminal charges against 21 companies in nine federal districts for an alleged $149 million in pandemic-related healthcare fraud schemes.
More news for Friday, April 8
By
Kimberly Bonvissuto
Apr 08, 2022
CBRE Seniors Housing & Care Investor Survey identifies industry trends … Senior housing staffing shortages move from severe to moderate: NIC … CMS finalizes Medicare coverage policy for Alzheimer’s...
Justice Department touts aggressive enforcement against pandemic relief fraud
By
Kimberly Marselas
Mar 29, 2021
As thousands of long-term care operators and other businesses fought to retain employees and stay afloat over the past year, hundreds of others were working to defraud relief programs to the tune of $569...
Man used senior living residents’ identities in $1.5 million COVID-19 relief fraud scheme, DOJ says
By
Kimberly Bonvissuto
Mar 25, 2021
A Florida man is facing the potential of more than 30 years in prison after being indicted for COVID-19 relief fraud for allegedly using the identities of senior living residents to obtain more than $1.5...