Caldwell University must pay the United States more than $4.8 million to resolve allegations that it engaged in a fraudulent scheme to defraud a federal education benefit program, U.S. Attorney Craig Carpenito announced.
“Caldwell University tried to hoodwink the Department of Veterans Affairs and, worse, veterans themselves, by claiming to offer online classes developed and...
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Category: Whistleblower Cases
Securities and Exchange Commission investigating BMW for possible “punching” sales numbers to falsely inflate company value
The Securities and Exchange Commission investigating Bayerische Motoren Werke AG (BMW) for possible manipulation of sales figures, according to The Wall Street Journal. The SEC is specifically looking into whether BMW has been engaging in a practice known as sales punching in the U.S., which is when a company boosts sales figures...
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U.S. Government joins healthcare fraud suit against Omnicare and CVS for billing invalid prescriptions to elderly and disabled
[T]he United States has filed a civil healthcare fraud lawsuit against OMNICARE, INC., and its parent company, CVS HEALTH CORPORATION. The Government’s Complaint seeks damages and civil penalties under the False Claims Act for fraudulently billing federal healthcare programs for hundreds of thousands of non-controlled prescription drugs dispensed based on stale, invalid...
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Federal agencies raid three offices of Caterpillar relating to export filings and tax evasion investigation by the IRS
Federal law enforcement officials from three federal agencies raided three central Illinois facilities of manufacturer Caterpillar as part of an investigation the company said may be related to business with its Swiss subsidiary CSARL. Officials from the IRS, Department of Commerce and the Federal Deposit Insurance Corporation Office of Inspector General searched the Peoria,...
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Ericsson telecom pays over $1 Billion to DOJ and SEC for foreign bribes to foreign officials in China, Vietnam, Indonesia and Kuwait
Ericsson agreed to pay the DOJ and SEC over $1 billion in one of the biggest Foreign Corrupt Practices Act enforcement actions ever. Telefonaktiebolaget LM Ericsson will pay the DOJ a...
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Framingham Massachusetts Lab pays $26.67 Million to resolve allegations of payment kickbacks for patient referrals and improper billing
Laboratory Boston Heart Diagnostics Corporation (Boston Heart), of Framingham, Massachusetts, has agreed to pay $26.67 million to resolve False Claims Act allegations involving payments for patient referrals in violation of the Anti-Kickback Statute and the Stark Law, as well as claims otherwise improperly billed to federal healthcare programs for laboratory testing, the Department of...
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Federal judge denies Pratt & Whitney effort to dismiss whistleblower suit which says the company falsified inspection report on jet engines
A federal judge has denied Pratt & Whitney’s motion to dismiss a whistle-blower suit alleging that the company falsified inspection reports and selling billions of dollars of possibly defective jet engines to the military between 2012 and 2015. But Judge Janet C. Hall, said the latest version of the complaint by former...
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SEC halts Telegram Group’s business in U.S. stopping its plans to sell cryptocurrency or digital tokens here and possibly elsewhere
The Securities and Exchange Commission today announced that it has filed an emergency action and obtained temporary restraining order against two offshore entities conducting an alleged unregistered, ongoing digital token offering in the U.S. and overseas that has raised more than $1.7 billion of investor funds.Telegram and its subsidiary sold approximately 2.9...
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Whistleblower case says Huntington Ingalls biggest US military ship builder falsified tests on submarine coating placing American lives at risk
A whistleblower has filed a False Claims Act in Federal Court alleging that the sound-dampening coating was improperly affixed causing the coating to “de-bond” and slip off the submarines while underway. According to the complaint, “since the inception of the program, Virginia-class submarines have been plagued with problems with their exterior hull...
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Blockchain tech company Block.one must pay $24 Million for unregistered initial coin offering of digital tokens raising several billion
The Securities and Exchange Commission ordered blockchain technology company Block.one to pay $24 million to settle charges it conducted an unregistered initial coin offering of digital tokens (ICO) raising the equivalent of several billion dollars over approximately one year. The company agreed to pay.
According to the SEC’s order,...
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