“Do The Hustle”– Feds Slam Bank of America in Billion Dollar Fraud Case
by Brian Mahany For those who remember the disco era, Van McCoy scored a number 1 hit on the Billboard charts back in 1975 with a song called “Do The Hustle.” Decades later, federal prosecutors...
View ArticleBank of America Hopes To Skirt $1Billion False Claims Suit
by Brian Mahany Bank of America is back in the news. And once again, its not good news for America’s “Too Big To Fail, Too Big To Jail” banking giant. Last week, BoA asked a federal judge to toss a...
View ArticleFeds Charge Another Mortgage Lender – (Whistleblower Post)
by Brian Mahany Five years after the housing crisis began and the feds continue to pursue those responsible for the mess. Although the federal false claims act statute of limitations prevent some...
View ArticleFIRREA – An Overlooked Whistleblower Tool?
I chuckled this morning when reading the paper. The big financial news this week is the Department of Justice suit against Bank of America for the sale of residential mortgage backed securities. The...
View ArticleBank CEO Pleads To TARP Fraud
Until recently, Darryl Woods was the chairman and Chief Financial Officer of Mainstreet Bank in Ashland, Missouri. Last week he pleaded guilty to defrauding the federal government and taxpayers. His...
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Criminalizing Banking Misbehavior – Government Extortion or Leniency?
Whistleblowers Are at the Forefront of the Government’s Battle Against Banking Misbehavior 2014 has been a record year for settlements between the Justice Department and corporate America. The...
View ArticleBearer Bonds – Great IRS Whistleblower Opportunities
Bearer bonds are securities that are not registered and have very little documentation. Whoever holds the physical bond is deemed the owner. Because they are frequently used by money launderers and tax...
View ArticleBreaking News – Pfizer Settles Whistleblower Case $785 mm
$785 million is a lot of money, even for big pharma. That is the amount that Pfizer is probably going to pay to settle two whistleblower cases alleging the pharmacy giant overcharged Medicaid for...
View ArticleNJ Doc Pays $5.25 Million to Settle Qui Tam Complaint
Dr. Labib Riachi and his company, Center for Advanced Pelvic Surgery, must pay $5.25 million to settle a whistleblower complaint brought under the qui tam provisions of the federal False Claims Act....
View Article“Even A Dog Can Get A Mortgage”– Whistleblower Post
CNBC carried an interesting story this week; house flipping is reportedly “on fire” in Las Vegas and Miami. Of course, we all know what happened to both these markets in the last bubble – housing...
View ArticleHospice Care – The New False Claims Act Frontier
The demand for hospice care is exploding. Because most of the recipients of end-of-life care are elderly, the taxpayer funded Medicare program often must foot the bill. It comes as no surprise then...
View ArticleSeeking Freedom Mortgage Insiders & Borrowers
MahanyLaw, a leading national False Claims Act / Whistleblower law firm is seeking information about possible improprieties by Freedom Mortgage Corporation. Freedom bills itself as a leading (top 10)...
View ArticleCMBS Loan Modification & Refinance
Many Commercial Mortgage Backed Securities (CMBS) loans are set to mature over the next year. Although the underlying properties are generating more than enough cash flow to meet all loan, tax and...
View ArticleWhen Medicare Fraud Kills Patients
Medicare fraud is a victimless crime, right? Unfortunately, some folks still see things that way. That attitude may account for why Medicare fraud costs taxpayers tens of billions of dollars each year....
View ArticleChiropractor Guilty of Medicare Fraud
Chiropractic care has been become a very competitive field. Most chiropractors compete by trying to offer the best quality care possible. And then there is Devin Thauberger of Louisville. Not satisfied...
View ArticleWhistleblower Award for Anti Dumping (Smuggling) Info
Congress has a long history of helping American manufacturers in their struggle against cheap foreign imports. A whistleblower with inside information about one company’s attempts to import cheap...
View ArticleWhistleblower Gets $315k in Anti Kickback Case
Kickbacks in the healthcare field are illegal. The Anti Kickback Statute and Stark law carry hefty penalties for healthcare providers that engage in these illegal schemes. The former owner of a West...
View ArticleDavid v Goliath Redux – Whistleblower Takes On AT&T
Americans love rooting for the underdog, especially when the underdog is a whistleblower challenging telecom giant AT&T. At stake is $2.5 billion of taxpayer money. If the damages are trebled, the...
View ArticleCompetitor Cheating Uncle Sam? Qui Tam Is the Answer
Hundreds, if not thousands of companies, cheat Uncle Sam everyday. Those folks hurt taxpayers and the legitimate businesses that follow the rules. Why should a few criminals get rich while hard working...
View ArticlePrison Sentence Cut in Largest DBE Fraud in US History
The year is 2014 and the largest Disadvantaged Business Enterprise fraud (DBE fraud) in the nation finally ends. Ernest Fink, the owner of a Pennsylvania construction company, is sentenced to 51 months...
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