Canada Drugs, an online Canadian pharmacy is expected to be fined $34 million for importing counterfeit cancer drugs and other unapproved pharmaceuticals into the United States. The company has filled millions of prescriptions. U.S. prosecutors assert Canada Drugs' business is based on illegally importing unapproved and misbranded drugs not just from Canada,...
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Category: Whistleblower Cases
Dunn & Bradstreet to pay $9.2 million to settle charges of foreign bribes in China
Dun & Bradstreet firm will pay $9.2 million to securities regulators to settle charges by the S.E.C. that its subsidiaries in China made unlawful payments to win or keep business from 2006 through 2012.The S.E.C. the illegal payments weren't properly recorded in the company's books and the company's accounting controls were too weak to...
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Yahoo pays $35 million penalty to settle S.E.C. charges of misleading investors by failing to disclose data breach of 500 mill. users
Yahoo has agreed to pay the Securities and Exchange Commission $35 million to settle charges that it misled its investors in failing to disclose a massive data breach in which hackers stole the personal data of more than 500 million Yahoo users.In December 2014, Russian hackers stole what Yahoo’s security team referred...
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Former Vice Chancellor sues NCCU over improper spending practices
North Carolina Central University (NCCU) is facing a lawsuit from one of its former vice chancellors. Benjamin Durant claims he was fired from his job after raising concerns about improper spending. He filed a whistleblower lawsuit against NCCU and its chancellor, according to the Raleigh News and Observer.
The Allegations
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5 indicted for defrauding state recycling program out of $80.3 million largest fraud of its kind
Five individuals have been charged with defrauding California's recycling program out of $80.3 million by getting recycled containers from other states like Arizona and trucking them into California where they sold them to the state. It's not clear how the scheme affected other states' recycling programs. There...
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Wells Fargo pays $1 billion to settle auto, mortgage and lending fraud whistleblower cases
Wells Fargo has agreed to pay over $1 Billion in fines and penalties for fraudulently creating accounts without customers’ authorizations; forcing customers to pay fees the bank should have covered requiring borrowers to pay for insurance policies they did not need and in some cases pushing them into default. The bank paid...
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Ambulance company employee gets 3-year prison term for $28 million Medicare fraud scheme
Ambulance company employeeAharon Aron Krkasharyan, 54, of Los Angeles, California, was sentenced by U.S. District Judge George H. Wu of the Central District of California, who also ordered Krkasharyan to pay $484,556 in restitution to Medicare, jointly and severally with his co-conspirators, who await sentencing. On Nov. 27, 2017, Krkasharyan pleaded guilty to one...
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Securities and Exchange Commission awards $2.1 million to company insider whistleblower
The Securities and Exchange Commission today announced a whistleblower award of more than $2.1 million to a former company insider whose information led to multiple successful enforcement actions. The whistleblower's information strongly supported the findings in the underlying actions and the whistleblower provided ongoing assistance to the staff during the investigation. "The SEC has...
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Banner Health pays over $18 million to settle Medicare fraud whistleblower case over needless inpatient stays
Banner Health has agreed to pay the United States over $18 million to settle allegations that 12 of its hospitals in Arizona and Colorado knowingly submitted false claims to Medicare by admitting patients who could have been treated on a less costly outpatient basis, the Justice Department announced today. Headquartered in Arizona,...
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Shrimper fisherman convicted of fraud in subsidies case
Michael Brian Anderson, a shrimper and fisherman, was convicted by a federal jury on three counts of false statements, four counts of mail fraud, and two counts of money laundering.
According evidence presented at trial, Anderson submitted multiple false claims to Customs & Border Protection (CBP) seeking millions of dollars in subsidies under the Continued...
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