Mahany Law

New Reward Opportunities for Bank Money Laundering Whistleblowers The Justice Department announced that Swiss bank, Julius Baer & Co admitted in court that it conspired to launder $36 million in bribes to soccer officials with the Fédération Internationale de Football Association (FIFA). As part of the court proceedings, Julius Baer entered into a three year deferred prosecution agreement. The bank had been charged with criminal conspiracy to commit money laundering As part of the plea deal, the bank has agreed to pay more than $79 million in penalties (including a fine of $43,320,000 and forfeiture of $36,368,400). In announcing the…
Do You Have Information about HUBZone Fraud (or any Small Business or Minority Owned Business Designation Fraud)? You May Be Entitled to a Large Cash Reward A private contractor doing work on a multibillion Department of Energy product has agreed to pay $3 million to resolve claims that it falsely presented two subcontractors as HUBZone small businesses. The claims also involved falsely designating a subcontractor as a woman owned small business. The case was brought by a whistleblower who will receive $865,000 for stepping forward and reporting the misconduct. HUBZones and Disadvantaged Business Enterprises Like many federal agencies, the Department…
There Are Thousands of Unapproved Stem Cell Clinics in the U.S. At Best, You Are Throwing Away Your Money, at Worst, Your Life An investigation by the Arizona Republic found 238 unlicensed stem cell clinics. That is just in Arizona! If you extrapolate that figure it suggests there are 10,731 unlicensed clinics nationwide! How is this possible? There are many reasons. The stem cell business is still the wild, wild west. The FDA has jurisdiction but simply doesn’t have the resources to police thousands of unregulated clinics. In one instance, the newspaper found a clinic being operated by music teachers.…
More than a dozen paper companies and mills named in class action lawsuit The lawsuit alleges dangerous PFAS chemicals were allowed to leach into private wells and land – Local News by Vivien Leigh, News Center Maine (131K) More than a dozen paper mills and paper companies were named in an amended class-action lawsuit filed this week in Somerset County Superior Court. The lawsuit was first filed against Sappi North America in March on behalf of a Somerset County resident, Nathan Saunders. The lawsuit alleged Sappi’s Somerset Mill in Skowhegan is the source of the PFAS contamination. Tests by…
Big Things on the Horizon for IRS Whistleblowers How would you like to pay 15% less taxes? If everyone paid their fair share you could according to the IRS. A new report indicates that wealthy Americans withhold over $600 billion each year in taxes. Over the next decade the amount of unpaid taxes will exceed $7 trillion. (IRS Commissioner Charles Rettig claims that the so-called “tax gap” is $1 trillion per year) President Biden and the IRS want to put a big dent in tax evasion. That means bulking up the enforcement arm of the IRS. More audits, more enforced…
Credit Union Employee with Information about Fraud? Employees of NCUA Insured Credit Unions Are Eligible for Cash Whistleblower Rewards Shreveport Louisiana is a sleepy little city. Not much happens there. So it was big news on April 13th, 2017 when the government showed up and changed the locks on the doors of the Shreveport Federal Credit Union.  Founded in 1956, for decades the credit union served thousands of families in northwest Louisiana. Typically the feds step in at 5:00 pm on a Friday when taking over a bank. This time the takeover took place on a Thursday evening as the…
Did Uber Try to Pull Off a $6 Billion Tax Fraud? Never a week goes by where we don’t hear from an unhappy Uber or Uber Eats driver. Although we no longer accept Uber cases, we remain honored for having had the opportunity to represented so many wonderful men and women who drove for the company. That means we continue to stay atop of all things Uber. This week we report on a possible $6 billion tax evasion scheme. International finance magazine IFC Review reports that it is using approximately 50 Dutch shell companies to avoid paying taxes. Investopedia defines…
Dirty Dental Appliances and Non Sterile Surgical Instruments? Yikes! Non Sterile Dental and Surgical Instruments? Unfortunately, It’s True and the Hospitals That Were Caught Are Well Known [Post updated May 2021] When we first wrote this post, it was to report about the Detroit Medical Center. Now a Pennsylvania hospital system is getting fined for filthy dental tools. We can’t believe that well into the 21st century hospitals can’t seem to grasp the concept of keeping their equipment sterile. Detroit Medical Center and Dirty Surgical Instruments DMC boasts that it is one of the largest teaching hospitals in the United…
Affinity Fraud is a Form of Investment Fraud in which the Fraudster Preys upon Members of an Identifiable Group such as Religious or Ethnic Communities According to Investopedia, affinity fraud is a type of investment fraud in which a con artist targets members of an identifiable group based on things such as race, age, religion, etc. The fraudster either is or pretends to be, a member of the group. These schemes work because the victims are more likely to trust members of a group to which they belong. Many of Bernie Madoff’s victims were wealthy members of the Jewish community.…
PFAS – Is This Deadly Killer in your Water? Don’t Trust Corporate America to Tell the Truth There is an interesting drama unfolding in sleepy Burlington, Vermont. It hasn’t attracted much media attention but it should. A company’s own in house lawyer says a plastic manufacturer is lying about dangerous PFAS contamination in rural Vermont and other locations throughout the country. This story begins in in the 1970’s but we will pick up in May 2016. That month James Sullivan and Leslie Addison and several other residents of Bennington, Vermont filed a lawsuit against Saint-Gobain Performance Plastics Corporation (“Saint-Gobain”). Headquartered…
Dentist Accused of Breaking Healthy Teeth to Bill for Expensive Repairs One of the primary tenets of the Hippocratic Oath is the promise to “do no harm.” Evidently a dentist outside of Milwaukee never got that memo. Recently a Wisconsin federal grand jury indicted Dr. Scott Charmoli and charged him with chipping healthy teeth of his patients simply so he could apply expensive crowns. According to the indictment, “Scott Charmoli knowingly and willfully executed and attempted to execute a scheme to defraud health care benefit programs… and to obtain, by means of false and fraudulent pretenses,… money and property owned…
Finally a Reverse Mortgage Mogul Heading to Prison for Fraud? We get a lot of angry calls from family members of elderly homeowners who feel tricked by false advertisements from reverse mortgage lenders. We still remember those TV commercials by Tom Selleck touting all the benefits of reverse mortgages without disclosing the risks. Finally, we have some good news to report. The government is pushing back. A Manhattan federal jury convicted the millionaire owner of a reverse mortgage company with fraud and criminal conspiracy. The charges were related to a scheme to “jack up” the company’s bond valuation. Prosecutors say…
Lawyer for Billionaire Hedge Fund Manager Indicted! Learn How to Obtain an IRS Whistleblower Reward for Exposing Tax Cheats and Those Who Help Them Last month a prominent Houston lawyer was indicted for facilitating a multi-million dollar tax fraud. Federal prosecutors say that Carlos Kepke conspired with a billionaire hedge fund manager and defrauded the IRS of taxes on $225,000,000.00 in capital gains. According to the indictment, from 1999 to 2014, Kepke helped hedge fund owner Robert Smith “create and maintain a structure of offshore entities and foreign bank accounts that were used to conceal from the IRS approximately $225…
Quick Look at All the Popular Cryptocurrency Scams and How to Fight Back As I rewrite this post (April 2021), most of the major cryptocurrencies are at record highs. But the volatility in these investments also remains at record levels. That means you could see a huge gain in just 24 hours or see your retirement savings wiped out within a day. We have nothing against folks investing in cryptocurrencies. While none of us have a crystal ball, there are certainly thousands of newly minted millionaires courtesy of crypto investments. And that is what makes these investments so attractive to…
Learn the Difference Between Unqualified and Falsely Certified Healthcare Workers and Why Both Matter (And How to Collect a Cash Reward for Reporting the Practices That Bill for Either) Recently we wrote about a false certifications case in South Carolina. Doctor’s Care and its management company agreed to pay $22.5 million to settle charges that they billed for doctors and nurses not certified by Medicare. Today we write about a new case where the government intervened in a case alleging that Connections Community Support Programs, Inc. billed for providers who were not qualified. Qualified provider, certified provider… Is there a difference?…
Ex M&T, Suntrust Broker Indicted When Bankers and Stockbrokers Steal – You Can Fight Back and Win We hate these stories. Financial professionals that steal from the vulnerable and the elderly. Earlier this month a federal grand jury charged former stockbroker Eddy Blizzard with wire fraud and aggravated identity theft. The charges don’t reflect the depravity of Blizzard’s alleged actions. Prosecutors say that he took an elderly man’s life savings, left him penniless, his home in foreclosure and with a huge tax bill to boot. Unfortunately, the victim died before he saw justice. In announcing the charges, Maryland’s acting United…