The Food and Drug Administration (FDA) is warning consumers to avoid sunscreen pills. It has sent warning letters to four companies claiming to make dietary supplements that can protect people from sun damage and reminded consumers that, "There's no pill or capsule that can replace sunscreen. The four products GliSODin Skin Nutrients,...
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Category: Whistleblower Cases
University of Montana endowment allegedly invests more than $30 million in offshore tax havens hedge funds says report
The University of Montana’s endowment allegedly invested more than $30 million in offshore hedge funds in tax havens, according to a report from Montana Kaimin, the university’s weekly student-run independent newspaper. The University of Montana Foundation’s offshore investments include a multibillion-dollar private equity fund supporting oil exploration and deep-sea drilling, according to...
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Bitfinex asks customers for personal info to turn over to authorities as required
Bitfinex, one of the largest and most popular exchanges among the crypto investors, has asked customers for personal information, to share it with the authorities in the British Virgin Islands, all in accordance with the local law and due to a fact that Bitfinex is actually based in this specific location. In a notice...
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Former exec of San Francisco hospice company admits to overdosing patients to hasten their death to spike profits records show
The former executive of a San Francisco hospice Novus Health Services, admitted to overdosing patients to "hasten their deaths" so the company could make more money, court records show. Melanie Murphey, 36, admitted in court records that she defrauded Medicare and Medicaid by billing them for patients who did not qualify for hospice services....
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Convicted Caymen Island financial advisors jailed and also become IRS whistleblowers
Eric St-Cyr, a Canadian investment advisor working from his Cayman Island-based financial advisory firm, Clover Asset Management and Canadian Attorney Patrick Poulin, have been sentenced to 14 months in prison for conspiring to launder money. Now, the two men are cooperating with the Internal Revenue Service (IRS) in investigations from the information they have...
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CityMD Will Pay $6.6M in Medicare to Settle Whistleblower Lawsuit
Federal prosecutors say CityMD, a New York based urgent care, admitted that it overcharged Medicare. They will pay millions for ordering more expensive procedures, and billing for services provided by physicians who were not properly credentialed.
The Whistleblower Lawsuit
The federal government joined a private whistleblower...
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U.S. joins False Claims Act suit against Insys Therapeutics alleging kickbacks and more to promote opioid sales of Subsys
The United States has intervened in five lawsuits against Insys Therapeutics Inc., alleging violations of the False Claims Act in marketing of Subsys, an opioid painkiller manufactured and sold by Insys. Subsys is a sublingual spray form of fentanyl, a powerful, but highly addictive, opioid painkiller. In 2012, Subsys...
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Jay-Z Will Testify Next Week as Part of an SEC Investigation into His Clothing Brand
A federal judge has ordered Jay-Z to testify as part of an SEC investigation. The rapper, whose real name is Shawn Carter, must testify next week relating to the decade old sale of his clothing brand.
Unanswered Subpoenas
Apparently, Jay-Z has failed to respond to two...
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Charter School Accused By Whistleblower of Defrauding State for More Funds
One of Ohio’s largest online charter schools is facing some serious allegations from a former employee. The whistleblower claims, Electronic Classroom for Tomorrow, purposely inflated attendance figures tied to its state funding.
The Investigation
Education regulators are reviewing the allegations. Last year, the former technology employee...
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Panasonic Avionics pays over $280 Million to settle foreign bribery charges
Panasonic Avionics Corporation has agreed to pay a $137.4 million criminal penalty to settle charges arising out of a scheme to retain consultants for improper purposes and conceal payments to third-party sales agents, in violation of the accounting provisions of the Foreign Corrupt Practices Act (FCPA). The company, based in Lake Forest,...
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