Financial Fraud

Financial Fraud: Emil DiIorio Agreed To Settle Allegations Under The False Claims Act That They Submitted False Claims To Medicare

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Coordinated Health and CEO Pay $12.5 Million to Resolve False Claims Act Liability for Fraudulent Billing PHILADELPHIA, PA – United States Attorney William M. McSwain announced today that Coordinated Health Holding Company, LLC (“Coordinated Health”) and its founder, principal owner, and Chief Executive Officer, Emil DiIorio, M.D., agreed to settle allegations under the False Claims […]

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Financial Fraud: Four Persons Arrested Credit Card Bust-Out Scheme

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Fourth Defendant Arrested in Credit Card ‘Bust-Out’ Scheme that Spent $2 Million on Luxury Watches, Liquor, Cars and Cemetery Plots LOS ANGELES – With the surrender this morning of the final defendant, federal authorities have taken into custody four people named in a grand jury indictment that alleges a “bust-out” scheme in which the defendants

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Financial Fraud: Emily Moerdermo Fu Sentenced For Mail Fraud And Defrauded Clients

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Realtor Sentenced For Stealing Millions From Clients ATLANTA – Emily Moerdermo Fu, a metro Atlanta realtor and businesswoman who defrauded clients out of over $22 million dollars over a two-year period, has been sentenced to seven years, three months for mail fraud. “While Fu was a well-respected real estate and financial professional, she took advantage

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Pavandeep Bakhshi

Financial Fraud: Pavandeep Bakhshi Charged For Allegedly Participating In A Widespread Scheme To Defraud Investors

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Former Director Of Healthcare Services Company Charged In Alleged $300 Million Investment Fraud Scheme The Defendant And His Conspirators Allegedly Inflated Company’s Value and Revenue to Defraud Investors NEWARK, N.J. – A former member of the board of directors of a publicly traded healthcare services company was arrested at John F. Kennedy (JFK) International Airport

Financial Fraud: Pavandeep Bakhshi Charged For Allegedly Participating In A Widespread Scheme To Defraud Investors Read More »

Financial Fraud: TRACY MONTI Sentenced For Operating a Multi-Million Dollar Fraud Scheme That Duped Investors

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Chicago Woman Sentenced to Nearly 4 Years for Multi-Million Dollar Fraud Involving Bogus Event Ticket Business CHICAGO — A Chicago woman has been sentenced to nearly four years in federal prison for operating a multi-million dollar fraud scheme that duped investors into believing she could earn profits on the secondary market for concert and sports

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Foreign Corruption: Patrick Ho Guilty Of Participating In a Multi-Year, Multimillion-Dollar Scheme To Bribe Top Officials Of Chad And Uganda

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Patrick Ho, Former Head Of Organization Backed By Chinese Energy Conglomerate, Convicted Of International Bribery, Money Laundering Offenses Ho Schemed to Bribe the President of Chad, President and Foreign Minister of Uganda Geoffrey S. Berman, United States Attorney for the Southern District of New York, and Assistant Attorney General Brian A. Benczkowski of the Justice

Foreign Corruption: Patrick Ho Guilty Of Participating In a Multi-Year, Multimillion-Dollar Scheme To Bribe Top Officials Of Chad And Uganda Read More »

Financial Fraud: Medical Device Maker ev3 Inc. Has Agreed To Plead Guilty To Charges Related To Its Neurovascular Medical Device

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Medical Device Maker ev3 to Plead Guilty and Pay $17.9 Million for Distributing Adulterated Device; Covidien Paid $13 Million to Resolve Civil Liability for Second Device WASHINGTON – Minnesota-based medical device manufacturer ev3 Inc. has agreed to plead guilty to charges related to its neurovascular medical device, Onyx Liquid Embolic System, and pay $17.9 million,

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Financial Fraud: Lauren Montillo Pleaded Guilty To Conspiracy To Commit Wire Fraud And To Tax Evasion

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Owings Mills Woman Pleads Guilty to Obtaining Over $4.3 Million in an Advance Fee Fraud Scheme and to Evading Taxes on that Income Baltimore, Maryland – Late on November 29, 2018—a few days before she was scheduled to go to trial—Lauren Montillo, age 47, of Owings Mills, Maryland, pleaded guilty to conspiracy to commit wire

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Insurance Fraud: DR. PAUL MADISON Convicted On Fraud Charges For Billing Insurance Companies

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Federal Jury Convicts Chicago Doctor on Fraud Charges for Billing Insurance Companies for Nonexistent Treatment CHICAGO — A federal jury has convicted a Chicago doctor on fraud charges for billing insurance companies for purported chiropractic manipulations that were never performed. DR. PAUL MADISON, an anesthesiologist and pain management specialist, owned Watertower SurgiCenter LLC, an outpatient

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Financial Fraud: Mushegh Melkonyan Sentenced For Participated In a Multistep Conspiracy Involving At Least Six Other Individuals

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Sixth Defendant Sentenced in Credit Card and ID Theft Fraud Conspiracy ALEXANDRIA, Va. – A Las Vegas man was sentenced today to four and a half years in prison for his involvement in a scheme that resulted in 19,000 stolen credit and debit cards that were used to obtain over $490,000 in unauthorized ATM cash

Financial Fraud: Mushegh Melkonyan Sentenced For Participated In a Multistep Conspiracy Involving At Least Six Other Individuals Read More »

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