A pharmacy owner in New Jersey recently admitted to a massive fraud scheme. He tricked the Medicare system out of $2. 5 million by billing for a drug he never gave to patients. This drug, Dificid, is used to treat diarrhea. It's expensive, costing around $4, 500 per prescription. The owner, Nestor E. Jaime, ran a pharmacy called Fabio’s Pharmacy. He submitted fake c...
Jack Abramoff, a figure known for his past political scandals, is back in the news, but this time it's about a crypto scam. He and his partner, Marcus Andrade, were involved in a scheme called AML Bitcoin. They raised $5 million but used the money for personal gains, like buying properties in Texas. They also lied about having government contracts and even fabricated...
A Florida congresswoman is in hot water. Sheila Cherfilus-McCormick, a Democrat representing parts of Broward and Palm Beach counties, has been hit with serious charges. The Justice Department says she took $5 million meant for disaster relief and used some of it for her 2021 campaign. Here’s the deal: Cherfilus-McCormick’s family health care company got too much mo...
In the world of politics, power and money often intersect in complex ways. Linda Sun, a former top aide to New York Governors Kathy Hochul and Andrew Cuomo, found herself at the center of a legal storm. Prosecutors allege that Sun, while earning a government salary of $145, 000, received millions in kickbacks from Chinese officials. This money, they claim, was used t...
Bradley Heppner, once a prominent figure in the financial world, now faces serious allegations. The U. S. Department of Justice has charged him with securities fraud, wire fraud, and other crimes. These charges are tied to his time as the chair of GWG Holdings, a financial services company that went bankrupt. Heppner is accused of stealing over $150 million from GWG...
A former sheriff and two others are set to face federal court this week. Chuck Wright, the ex-sheriff, along with Amos Durham, a former chaplain, and Lawson Berry Watson, a former employee, have court appearances scheduled. Wright is one of many sheriffs in South Carolina to face criminal charges recently. Wright and Durham have admitted to taking money meant for of...
A wealthy former Wall Street trader is in serious trouble. Howard Rubin, once a big name in finance, now faces serious charges. He and his ex-assistant are accused of running a sex trafficking operation for years. The charges say Rubin paid women to meet him in fancy hotels and a special apartment. This apartment was like a "sex dungeon" with weird equipment. Some o...
Ariana Biermann, daughter of Kim Zolciak and Kroy Biermann, has found herself in a tough spot. She's been in the public eye since she was just five years old, thanks to her family's reality TV shows. She also started making money on Instagram at a young age. But now, she's claiming that her parents spent all the money she earned. Ariana revealed this in her new show...
A New York City priest, Monsignor Jamie Gigantiello, lost his job after a probe linked him to a $1. 9 million scandal. The investigation started when pop star Sabrina Carpenter filmed a music video at his church. This video led to questions about financial mismanagement. The priest had authorized unapproved money transfers to a former aide of Mayor Eric Adams, who is...
A recent investigation by the Boston Globe Spotlight Team revealed some eyebrow-raising spending habits from Ralph De La Torre, the CEO of Steward Health Care. The Spotlight Team uncovered a pattern of questionable financial decisions that seem to prioritize personal gain over the well-being of patients. This begs the question: what kind of safeguards are in place t...