Friday, January 21, 2022

You’re Gonna Pay

Payroll taxes are the focus in today’s “Fraud of the Day.” Employees usually pay their share via paycheck deductions and then employers pay the Internal Revenue Service (IRS) an amount based upon the employee’s wages. Today’s fraudster collected his employees’ payroll taxes, but neglected...

Big Boo Boo

Today’s “Fraud of the Day” is based on an article entitled, “Phenix City resident convicted of stolen identity fraud ring that sought $26 million,” posted on AL.com. A Phenix City resident was convicted by a federal jury for stealing the identities of soldiers, state prisoners and teenagers in a scheme that sought $26 million in false tax returns.

Dialing for Medicare Dollars

A New Jersey physician pleaded guilty in September 2019 in one of the nation’s largest healthcare and Medicare fraud cases to date. Joseph DeCorso admitted that he worked for two so-called telemedicine companies, writing orders for medically unnecessary orthotic braces for Medicare beneficiaries. The beneficiaries...

Decoupling Fraud

The U.S. Justice Department’s Northern District of California announced that former Antioch police officer Gary Bostick and his wife, Ana Bostick, pleaded guilty to their respective roles in a scheme to illegally obtain money from the United States.

Unpaid Taxes Sends CEO to Prison

The saying, “Nothing is certain except for death and taxes,” is an undisputed truth recognized by nearly everyone. If you owe money to the IRS, they may work with you on late filing or to create a payment schedule, but make no mistake, they...

Genetic Testing Gone Bad

A Pennsylvania lab owner is pleading guilty to charges around a Medicare fraud scheme that yielded approximately $60 million in reimbursements to his labs in less than a year. Ravitej Reddy paid out-of-state marketing companies to convince thousands of Medicare patients to submit samples...

Dirty Dozen

The purpose of a medical research study is to use human participants to add to the body of medical knowledge. (Medical research studies are used to test the efficacy and safety of new interventions and often lead to medical breakthroughs and even cures.) Today,...

Habitual Offender

The Bureau of Justice Statistics reports some pretty dismal statistics regarding recidivism, or the tendency for a convicted criminal to commit another crime. This report, which documents repeat offender statistics for state prisoners released in 2005 across 30 states, shows that they were arrested...

Reality Show

Today’s “Fraud of the Day” is based on an article entitled, “Employees’ tax dollars spent on reality show dream, personal expenses for company owners.” Two brothers from St. Paul, accused of using public healthcare money to furnish their lavish lifestyles, pleaded guilty to fraud and tax charges after reaching plea agreements with federal prosecutors.

A Mission of Omission

The Social Security Administration (SSA) offers monthly Supplemental Security Income (SSI) payments for children with disabilities. Children that are younger than 18 must have a physical or mental condition that seriously limits their activity to qualify under the agency’s definition of disability. Another requirement...
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