The US Trustee filed a complaint against Countrywide on February 28, 2008 alleging various abusive and improper conduct in a particular chapter 13 case in Atlanta. The complaint alleges that Countrywide filed two motions for relief that it ultimately withdrew because the debtor was not in fact late, it added unsubstantiated charges to its claim, […]
READ MORELimits on Fiduciary Duties: Wherefore Art Thou?
The Ninth Circuit Court of Appeals, sitting en banc, recently decided a fraud case holding that a person may commit federal fraud and face imprisonment for breaching a broadly-defined fiduciary duty to a contractual business partner. This holding arises under the “honest services” fraud statute, presuming the breaching party also has a specific intent to […]
READ MOREDeadline for Georgia Ethics Commission Employees to Produce Documents in Federal Grand Jury Investigation Relating to Georgia Governor Nathan Deal
The deadline for witnesses to produce records to a Federal grand jury for the Northern District of Georgia in its investigation of Georgia’s Ethics Commission and Georgia Governor Nathan Deal was last Tuesday. As reported by WSB-TV Channel 2, the grand jury investigation was begun after the Ethics Commission’s former Director, Stacey Kalberman and former Deputy […]
READ MOREDr. Meera Sachdeva, Rose Cancer Center Founder, Pleads Guilty In Health Care Fraud Case
Cancer doctor Meera Sachdeva and her former billing clerk are officially guilty of a multi million dollar medical care fraud case in Mississippi. [USDC No. 3:11-CR-65-1 Case: 11-60639] The doctor pleaded “guilty to one count of healthcare fraud and two counts of making false statements.” According to reports, used needles and syringes that were recycled for […]
READ MOREFormer Chicago Bear Indicted in Pump and Dump Scheme
Former professional athletes have a knack of finding their way into serious trouble of the white collar variety. Certainly the few glaring examples are the exceptions to the rule and many former professional athletes go on to have productive careers in other endeavors. However, the most recent such trouble came from former Chicago Bears wide […]
READ MOREI’m Your Pusher: Purdue Pharma Cops to Oxycontin Charges
Today is clearly not a good day at Purdue Pharma, which is being pilloried in the press and in the blogosphere after pleading to charges of “misleading] regulators, doctors and patients about oxycontin’s risk of addiction and its potential to be abused.” As a PR issue, it’s a mess. On the other hand, the $600 million […]
READ MOREFlying Fraud
Andy, I am not sure if this is something that would a story of interest or not–but it definitely needs an investigation. I returned a week ago from a trip to NYC with 3 other travellers–not from Nashville. We all flew AA out of LaGuardia home and used a credit card (as required by AA) […]
READ MOREBBB warns businesses of phishing scam
A consumer warning from the Better Business Bureau of Middle Tennessee: The watchdog agency says it was recently victimized by con artists employing a “phishing” scam that has potentially affected tens of thousands of people from the Middle Tennessee business community. The really messed up part is the scammers are preying on businesses using the […]
READ MORESEC Charges Former NAPFA President with Kickback Scheme
On May 20, the Securities and Exchange Commission charged James Putman the top executive at Wealth Management, LLC, an Appleton, Wisc.-based investment advisor, who was past president of the National Association of Personal Financial Advisors, with accepting $2 million in kickbacks on client investment pools. The company’s former president and chief investment officer, Simone Fevola, […]
READ MOREMystery Shopper Scam
Here’s some advice you can bank on. If a company you have never heard of sends you a $3,000 check, and all you have done to earn that $3,000 check is to call them and give them your name and phone number: RUN!!!! Run as fast as you can. Run to your garbage can and […]
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