Feds Uncover Healthcare Fraud Schemes in NY, TX Totaling $625 Million

Over thirty-five people have been arrested in and around New York City as part of an investigation into a healthcare fraud scheme that defrauded insurance carriers, including Medicare and Medicaid, out of as much as $250 million, according to the New York Times. Those arrested are expected to face c...
Read More

New York Attorney General Sues Banking Giants Over Fraudulent Foreclosures

New York Attorney General Eric Schneiderman filed a lawsuit in a Brooklyn Supreme Court alleging that banking giants Bank of America, JP Morgan Chase, and Wells Fargo created and maintained a mortgage database and then used that information to institute defective foreclosure proceedings against home...
Read More

NY Lawyer Accused of Multi-Million Dollar Immigration Scam Found in Canada

After a 5 year-long evasion of the authorities, Earl Seth David was apprehended in Toronto last Tuesday for his part in one of the largest immigration scams in U.S. history. David, also knows as “Rabbi Avraham David,” is awaiting extradition from Canada to face charges for his actions as the rin...
Read More

Con Artist Awaits a Reduced Sentence for his Help in FBI Investigation of Google, Inc.

David Whitaker, 36, is awaiting sentencing on December 2nd this year, a sentence that prosecutors have asked to be reduced to the lowest possible point thanks to the criminal’s part in a recent FBI investigation. Whitaker, having already served 3 prison sentences, was looking down the barrel of a ...
Read More

JPMorgan Attempts to Have $19 Billion Lawsuit Stemming From Madoff Scandal Thrown Out

JPMorgan Chase & Co. recently asked a judge to toss out a $19 billion lawsuit filed against it by Irving Picard, the trustee responsible for recovering funds from the Madoff investment scandal.  In support of its request, JPMorgan cited to a recent ruling in which U.S. District Judge Ratner thr...
Read More

Insider Trading Crackdown against Father and Son Duo

The newest “victims” of the government’s crackdown on insider trading: are father and son  H. Clayton Peterson, 65 and Drew Peterson, 35.  The pair from Denver pled guilty last week, each to one count of securities fraud and one count of conspiracy to commit securities fraud. Clayton Peterso...
Read More

Trial begins in $30 million Tax Fraud Scheme

The trial of two former accountants began last week in Tampa, Florida.  George B. Calvert and Gregory F. Guido, both Florida natives, are alleged to have masterminded an energy tax credit scheme that defrauded the Internal Revenue Service of more than $30 million. The case revolves around an IRS pr...
Read More