News

The United States has decided to intervene in a whistleblower lawsuit against Toyo Ink, a leading maker of printing inks with operations worldwide. The suit alleges that Toyo Ink and its subsidiaries intentionally presented the U.S. Customs and Border Protection with documents containing false country-of-origin information in order to avoid paying anti-dumping duties on imports of the ink...

Goldman Sachs has consented to pay $22 million to settle a lawsuit by the U.S. Securities and Exchange Commission (SEC) that the global investment firm lacked adequate internal policies to prevent stock research tips from being improperly forwarded to the firm’s largest clients. The SEC had alleged in its complaint that Goldman showered its biggest clients with preferential treatment in...

Two former executives of the California division of IMI Plc (IMI) have pleaded guilty in federal court in Santa Ana, California to paying bribes to foreign government officials at state-owned companies in Malaysia, China and the United Arab Emirates. Bloomberg has reported that the guilty pleas were entered by Stuart Carson, the former president of Control Components Inc., and Hong...

McKesson Corporation has reached a $190 million settlement with the United States over allegations that the drug wholesaler violated the False Claims Act. The government alleged that McKesson reported inflated drug pricing information, causing Medicaid overpayment for pharmaceuticals prescribed to program beneficiaries. According to the U.S. Department of Justice, McKesson made the false...

One-hundred-seven people charged for filing false claims After a nationwide takedown by the Federal Medicare Fraud Strike Force, 107 individuals from seven different cities have been charged with filing false claims against Medicare, according to the Justice Department. In total, these Medicare fraud schemes resulted in false billing against Medicare of about $452...

Milwaukee’s Precious Transit, a medical transport company, was convicted of 18 counts of Medicaid fraud when the owner, Frederick Rutledge, pleaded no contest to the charges. Originally, the case was filed against Mr. Rutledge himself and alleged that he had falsified records related to dozens of medical transport trips and made false claims to the Wisconsin Medicaid program of over...

Two whistleblower suits, filed by former deans against for-profit Globe University, allege that the university has been engaged in education fraud. Former deans Jeanne St. Claire and Heidi Weber have filed separate lawsuits alleging that the university fired them for raising concerns about misleading practices, such as alleged:

Nebraska resident Mark L. Koehler has been found guilty of making false claims against Medicare and the state Medicaid program, and he has been sentenced to serving three years in a federal prison. This prison term will be followed by five years of court-supervised release. Mr. Koehler’s healthcare fraud cost the programs $1.4 million.

Mr. Koehler was formerly the business...

A federal district court in Dallas has permanently barred Desoto resident Joseph Rivas from preparing tax returns for others, according to the Justice Department.  Mr. Rivas was accused of tax fraud that is alleged to have cost the U.S. government $7.8 million or more. Mr. Rivas consented to the order without admitting any wrongdoing.

The charges against Mr. Rivas included faking...

St. Cloud dental clinic owner Ayman Risha, who is unlicensed in Minnesota but holds a foreign-issued Bachelor of Dental Surgery degree, has been denied a license because the Minnesota Board of Dentistry found he had engaged in dental fraud by making diagnoses and treatment plans that were not medically warranted. The board found that he instructed his staff to: