As it is required to do every year, the Commodity Futures Trading Commission (CFTC) just released its Annual Report on the CFTC Whistleblower Program, which provides rewards and protections to whistleblowers providing the agency with information on Commodities Exchange Act violations. The 2024 Report covers the period from October 1, [...]
The Hippocratic Oath was apparently not an ethical pledge Dr. Kenneth Fishberger took to heart. On Thursday, November 14, 2024, New York doctor Dr. Fishberger, 75, pleaded guilty in Boston federal court to one count of conspiracy to commit healthcare fraud. Fishberger, an internist from East Setauket, N.Y., received kickbacks [...]
Legal and Regulatory Developments SPOTLIGHT: A Senate Panel Sends a Signal: Time to Cut a Deal on Swipe Fees Digital Transactions News – November 20, 2024 Members of the Senate Judiciary Committee told representatives of Visa Inc., Mastercard Inc., and the merchant community on Tuesday it was time to “negotiate” [...]
Last Friday (November 15), Florida-based pharmaceutical company QOL Medical and its CEO Frederick Cooper agreed to pay $47 million to resolve Department of Justice (DOJ) and whistleblower charges they violated the False Claims Act and Anti-Kickback Statute by providing patients free breath testing services to induce them to purchase QOL’s [...]
On November 12, the Department of Justice (DOJ) announced that Virginia-based contractor Paragon Systems agreed to pay $52 million to settle DOJ and whistleblower charges of violating the False Claims Act by fraudulently securing government security contracts set aside for small businesses owned by women and veterans. Paragon is one [...]
On November 12, University of Colorado Health (UCHealth) agreed to pay $23 million to settle Department of Justice (DOJ) and whistleblower charges of violating the False Claims Act by fraudulently billing Medicare and Tricare for certain emergency department services. According to the government, UCHealth used an automatic coding system where [...]
Legal and Regulatory Developments SPOTLIGHT: Swipe Fees Get Renewed Washington Focus in Aftermath of Election American Banker – November 12, 2024 (subscription required) Sens. Dick Durbin, D-Ill., and Roger Marshall, R-Kan., will hold a long-awaited hearing on pending swipe fee legislation. Executives from Visa and Mastercard, the two card networks [...]
On November 12, the Commodity Futures Trading Commission (CFTC) announced a $4 million award to two whistleblowers under the CFTC Whistleblower Program. With this award, the agency has now issued roughly $390 million in whistleblower awards since its first award under the program in 2014. These awards have been associated [...]
Legal and Regulatory Developments SPOTLIGHT: Is Visa a Debit Monopolist? Digital Transactions Magazine – November 1, 2024 Lawsuits alleging anti-competitive practices are nothing new to Visa Inc. After all, the network, as well as MasterCard Inc., have been sued by the Department of Justice, merchants, and state attorneys general for [...]
Constantine Cannon partner Gordon Schnell published in Washington Technology on the DOJ’s stepped-up enforcement of cybersecurity fraud. DOJ’s strong message to contractors: plug all cybersecurity holes Read October 28, 2024 at constantinecannon.com
