Category: corporate corruption

An anonymous source tells the Associated Press that Pence has been subpoenaed in ongoing investigations into Donald Trump. Former United States Vice President Mike Pence has been subpoenaed by the special counsel overseeing investigations into efforts by then-President Donald Trump and his allies to overturn the results of the 2020 election, according to a person with direct knowledge of the…

Several banks are now offering super-long-term mortgages in response to soaring interest rates, but experts warned that the offers come with a $300,000 hidden cost. Forty-year mortgages are now being offered by banks, to supposedly help alleviate some of the pressure as surging interest rates force the average Australian to spend an additional $12,000 a year in mortgage repayments. But…

Prosecutors arrested a former operations executive at the Tokyo Olympics organizing committee and three others on Wednesday over bid-rigging allegations, as yet another corruption scandal surfaces in the wake of the global sports event. Tokyo prosecutors arrested the former executive, Yasuo Mori, on suspicion he played a leading role in rigging bids for contracts related to games test events in…

Court documents were unsealed this week charging 23 Michigan residents for their alleged involvement in two illegal schemes to defraud Medicare of more than $61.5 million by paying kickbacks and bribes and billing Medicare for unnecessary medical services that were never provided. “As alleged, the defendants and their co-conspirators repeatedly paid illegal bribes and kickbacks so they could submit claims…

A federal jury convicted two men today for engaging in a scheme to defraud Medicare Advantage and Medicaid managed care plans of over $3.8 million. According to court documents and evidence presented at trial, Ikechukwu Udeokoro, 47, of North Bergen, New Jersey, owned Meik Medical Equipment and Supply (Meik), a durable medical equipment supplier that was located in the Bronx, New York. Ayodeji Fasonu, 56, of Bridgeport, Connecticut, was Meik’s manager. Through Meik, Udeokoro and Fasonu billed Medicare Advantage and Medicaid managed care plans for hundreds of expensive patient support systems that were never provided to patients or caregivers. These support systems included large devices that were designed to assist with lifting immobile patients and patients in nursing homes. In reality, Udeokoro and Fasonu provided patients with recliner chairs that had a seat lift feature. Between December 2010 and February 2014, Udeokoro and Fasonu fraudulently billed Medicare Advantage and Medicaid managed care plans more than $3.8 million and were paid approximately $2.4 million.

European investigators have shut down an encrypted communication service that was used as a secure channel for organized crime, particularly in the drug trade, and arrested 48 people, German authorities said Monday. More than 70 properties were searched in Germany, the Netherlands, Belgium and Poland on Friday, when the arrests were made, the criminal police office in the western German…

More than 27 months since it was greenlighted by Congress, the panel established to investigate the inner workings of the U.S. Olympic structure has yet to conduct a formal interview because of bureaucratic red tape and slow action from the same lawmakers who had expressed a pressing need for better oversight. Two Olympics — the Summer Games in Tokyo and…

An NGO boss who was among four suspects held in pre-trial detention as part of a Belgian probe into alleged bribery in the European Parliament linked to Morocco and Qatar has been released. Niccolo Figa-Talamanca, an Italian who led the “No Peace Without Justice” NGO before being stripped of his position after his arrest in December, was ordered freed on…

  U.S. Department of Justice FOR IMMEDIATE RELEASE Friday, February 3, 2023 Food and ingredient manufacturing company Kerry Inc. pleaded guilty today to a charge that it manufactured breakfast cereal under insanitary conditions at a facility in Gridley, Illinois, that was linked to a 2018 salmonellosis outbreak. Pursuant to a plea agreement filed with a criminal information in federal court…

Olympic bronze medalist Rosey Fletcher is among three former U.S. snowboarders suing their ex-coach, the U.S. Ski & Snowboard federation, and the U.S. Olympic & Paralympic Committee alleging sexual abuse that they say the organizations covered up, court documents showed. Fletcher, a 2006 Olympic bronze medalist, Erin O’Malley and Callan Chythlook-Sifsof sued former coach Peter Foley and the sports bodies…

On February 1, 2023, the Federal Trade Commission announced that it entered into a proposed order with GoodRx, a telehealth and prescription drug discount provider, for violations of the FTC’s Health Breach Notification Rule stemming from GoodRx’s unauthorized disclosures of consumers’ personal health information to third party advertisers and other companies. This is the first enforcement action taken under the…

A former Arkansas State Senator was sentenced today to 46 months in prison in the Eastern District of Arkansas for accepting multiple bribes and tax fraud in connection with a multi-district investigation spanning the Eastern and Western Districts of Arkansas and the Western District of Missouri. According to court documents, from 2010 through 2017, Hutchinson stole and misappropriated thousands of dollars in state campaign contributions for his own personal use and then filed false federal income tax returns from 2011 to 2014 to conceal his conduct. In addition, Hutchinson was hired as outside counsel by Dr. Benjamin Burris, an orthodontist who owned and operated orthodontic clinics throughout the state of Arkansas. In exchange for payments and legal work, Hutchinson pushed legislation beneficial to Burris. Hutchinson was provided legal work to conceal the corrupt nature of his arrangement. Hutchinson stole over $10,000 in state campaign funds for his own personal use and also falsified his 2011 tax returns, including failing to report $20,000-per-month-payments he received from one law firm and other sources of income he knowingly and intentionally concealed from his taxes.

A Japanese company embroiled in the 2020 Tokyo Olympic corruption scandal said Thursday it would strengthen oversight to prevent further wrongdoing. Kadokawa “seriously betrayed public trust,” company president Takeshi Natsuno said. He bowed deeply with two other executives to show remorse in a news conference. Tsuguhiko Kadokawa, the son of the founder, was arrested in September on suspicion of bribing…

“Spanish authorities must conduct a full, fair, and effective investigation into these allegations, publish the findings and stop any unlawful interference into the fundamental rights of the Catalan minority activists in Spain,” they said in a statement. Top leaders arrested Following the October 2017 independence referendum, Spain arrested leaders of the Catalonian independence movement on charges of sedition. The alleged spying…

Co-hosts New Zealand and Australia said Thursday they “urgently” want answers from FIFA over reports Saudi Arabia’s tourist board will sponsor the 2023 Women’s World Cup. Visit Saudi is reportedly poised to be named among the sponsors of the 32-team soccer tournament to be held in New Zealand and Australia from July 20. The sponsorship deal looks set to go…

  The Federal Trade Commission has taken enforcement action for the first time under its Health Breach Notification Rule against the telehealth and prescription drug discount provider GoodRx Holdings Inc., for failing to notify consumers and others of its unauthorized disclosures of consumers’ personal health information to Facebook, Google, and other companies. In a first-of-its-kind proposed order, filed by the…