Page 82 - Fraud Section News Today

Businessman Charged in Scheme to Hoard Personal Protective Equipment and Price Gouge Health Care Providers Details Written by IVN Jackson, Mississippi - A Mississippi businessman was charged with defrauding the United States and other health care providers in a $1.8 million scheme related to acquiring and hoarding personal protective equipment (PPE) and price gouging health care providers, including numerous U.S. Department of Veterans Affairs (VA) hospitals in crit...

Businessman Sentenced for Foreign Bribery and Money Laundering Scheme Involving PetroEcuador Officials Published: 01 February 2021 01 February 2021 Miami, Florida - An Ecuadorian businessman living in Miami was sentenced Thursday to 35 months in prison for his role in a $4.4 million bribery and money laundering scheme that funneled bribes to then-public officials of Empresa Pública de Hidrocarburos del Ecuador (PetroEcuador), the state-owned and state-controlled oil company of Ecuador. Nic...

Details Written by Justice Department Boston, Massachusetts - A national electronic health records (EHR) technology vendor based in Watertown, Massachusetts, athenahealth Inc. (Athena), has agreed to pay $18.25 million to resolve allegations that it violated the False Claims Act by paying unlawful kickbacks to generate sales of its EHR product, athenaClinicals, the Justice Department announced Thursday. In a complaint filed in conjunction with today’s settlement, the Un...

FOR IMMEDIATE RELEASE Washington D.C., Feb. 1, 2021 — The Securities and Exchange Commission today charged three individuals with defrauding hundreds of retail investors out of more than $11 million through two fraudulent and unregistered digital asset securities offerings. According to the SECs complaint, filed in U.S. District Court for the Eastern District of New York, from approximately December 2017 through May 2018, Kristijan Krstic, founder of Start Options and Bitc...

Details Written by DOJ Seattle, Washington - A Washington man pleaded guilty to perpetrating a scheme to fraudulently obtain COVID-19 relief guaranteed by the Small Business Administration (SBA) through the Economic Injury Disaster Loan (EIDL) and the Paycheck Protection Program (PPP) under the Coronavirus Aid, Relief and Economic Security (CARES) Act. Nicholas L. McQuaid, Acting Assistant Attorney General of the Justice Department’s Criminal Division; Brian T. Moran, U....

Former Veterans Affairs Doctor Sentenced to Prison for Sexual Abuse of Veterans Details Written by Justice Department Washington, DC - A former doctor of osteopathic medicine who previously worked at the Veterans Affairs (VA) Medical Center in Beckley, West Virginia, was sentenced Monday for depriving veterans of their civil rights under color of law by sexually abusing them. U.S. District Judge Frank W. Volk sentenced Jonathan Yates, 52, of Bluefield, Virginia, to 3...

Print Nearly 1 1/2 years after the Securities and Exchange Commission accused Gina Champion-Cain of operating a $300 million fraudulent investment scheme, the case is nearing an end this week with a proposed settlement in which the former San Diego businesswoman admits her guilt. The court filing by the SEC stipulates that Champion-Cain must pay the “disgorgement of ill-gotten gains,” plus interest and a civil penalty, which will be determined by the federal judge overseeing the case. The ...

FAIRFIELD-SUISUN, CALIFORNIA SEC’s securities fraud case against Gina Champion-Cain nearing an end with proposed settlement [The San Diego Union-Tribune] Nearly 1 1/2 years after the Securities and Exchange Commission accused Gina Champion-Cain of operating a $300 million fraudulent investment scheme, the case is nearing an end this week with a proposed settlement in which the former San Diego businesswoman admits her guilt. The court filing by the SEC stipulates that Champion-Cain must pay t...

Man allegedly bought cars, real estate with fraudulent PPP loans     LAS VEGAS (FOX5/KVVU) — A Las Vegas man was charged for allegedly participating in a COVID-19 bank loan scheme, resulting in $1.9 million in fraudulent assistance, the Nevada U.S. Attorney’s Office announced Thursday. Jorge Abramovs, 40, was charged with five counts of bank fraud, one count of making false statements to a bank and five counts of money laundering, according to a law enforcement release. According to la...

Ocean Springs businessman faces new charges related to PPE hoarding, price gouging Anita Lee, The Sun Herald Jan. 28—Ocean Springs developer Kenneth Ritchey of Ocean Springs faces a new set of charges over selling personal protective equipment to health care providers at inflated prices. Ritchey already pleaded guilty in December to a state charge of price-gouging over PPE he sold to the Veteran Affairs center in Jackson. The U.S. Attorneys Office for the Southern District of ...