Last Friday (August 23), the Securities and Exchange Commission (SEC) announced two awards under the SEC Whistleblower Program. The awards flow from the government’s recovery in enforcement actions brought by the SEC and another, undisclosed federal agency. One whistleblower, who the SEC credited with prompting the agency to open the [...]
National Interventional Radiology Partners PLLC (NIRP) and its founder, Dr. Andrew Gomes, have agreed to pay nearly $9 million to resolve kickback allegations under the False Claims Act (FCA) and the Anti-Kickback Statute(AKS). NIRP and Dr. Gomes prioritized their profits over patient care by paying kickbacks for Medicare referrals. In [...]
Legal and Regulatory Developments SPOTLIGHT: BNPL Providers Won’t Face Penalties During Transition to New CFPB Rule Payments Dive – August 20, 2024 The Consumer Financial Protection Bureau on Friday announced that the agency will not fine buy now, pay later providers while they prepare to work under a new interpretive [...]
The Commodity Futures Trading Commission (CFTC) has issued a ruling against Raizen Energia SA, a major Brazilian energy and sugar company, and its Swiss affiliate, Raizen Trading SA. The companies have been ordered to pay a combined $750,000 penalty for engaging in illegal wash sales and non-competitive transactions within the [...]
Today the U.S. Attorney for the Southern District of New York announced a $600,000 settlement to resolve False Claims Act violations with Orange Medical Care, P.C., a family medicine practice based in Newburgh, New York. Orange Medical Care and its owners, Drs. Ashikkumar A. Raval and Manish A. Raval, admitted [...]
It has been a very busy week for the DOJ tackling COVID-19 fraud. On August 15, DOJ announced that The Bloom Firm, a California-based law firm, along with senior management members Lisa Bloom and Braden Pollock, reached a settlement over government allegations of violating the False Claims Act by misusing [...]
Legal and Regulatory Developments SPOTLIGHT: Merchants Get Another Extension to File Claims in Their Class Action Against Visa and Mastercard Digital Transactions News – August 14, 2024 Merchants were granted a second extension late Tuesday for filing claims against Visa Inc. and Mastercard Inc. in their ongoing class-action lawsuit against [...]
It’s almost something out of a movie—A 22 year-old Florida resident, Christopher Spellman, running a Medicare fraud scheme involving illegal bribes, unwitting elderly participants, and tens of millions of dollars of unnecessary medical equipment paid by the government. Spellman and his co-conspirators ran Dimon Business Solution, a company that posed [...]
The legal world continues to navigate the lingering effects posed by the COVID-19 pandemic. Fraud related to relief efforts and financial aid programs remains a significant concern. The DOJ has been cracking down on investigations, and we’re seeing more and more settlements this year. Yesterday, August 13, DOJ reaffirmed its [...]
Not looking so sunny for one Southern California Dental company. Yesterday (August 8) it was announced that West Coast Dental Administrative Services LLC (previously known as West Coast Dental Services Inc.), along with its former founders and owners, have agreed to pay $6.3 million to resolve allegations of violating the [...]
