Diagnostic errors are inaccurate or delayed diagnosis and they, “account for an estimated 10 percent of patient deaths, hundreds of thousands of adverse events in hospitals each year and are a leading cause of paid medical malpractice claims, a blue ribbon panel of the Institute of Medicine (IOM) said in its last report.[i]” Diagnostic errors […]
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Be proactive and avoid exposure to home healthcare fraud investigations and convictions
The rising cost of healthcare and nursing facilities caused an increase in the popularity of home healthcare facilities, where disabled and elderly patients can receive appropriate levels of care. While many people benefit from the home healthcare option, many may also find ways to defraud the system. Billions of dollars a year lost to home […]
Read more...Be aware of financial fraud in online trading and your financial firm’s policies on claims for reimbursement in fraud cases
A recent Wall Street Journal article suggests, “Most Firms Will Reimburse Customers, But There Isn’t a Blanket Guarantee.[i]” The problem remains that too often, the individual investor does not detect financial fraud and the financial firms may not detect and notify customers of problems. In order to protect your financial accounts and investments, it is […]
Read more...Chicago investment fund manager Neal V. Goyal charged with fraud by SEC and U.S. Attorneys
The Securities Exchange Commission (“SEC”) charged Chicago investment fund manager, Neal V. Goyal, for the Ponzi scheme in which he used investor monies to purchase himself houses and businesses for him and his wife. SEC fraud charges also named Blue Horizon Asset Management and Caldera Advisors, Goyal’s firms. The U.S. Attorney’s Office for the Northern […]
Read more...Article summary of tips for physicians to avoid inadvertent Medicare fraud.
Mismanagement of claims, paperwork falling through the cracks and unintentional errors can trigger investigations leading to liability for Medicare fraud. Intent is not a factor and even simple oversights can trigger fraud liability, regardless of whether there was any intent to defraud the U.S. Government. Investigators have a duty to follow up on claims of […]
Read more...15-year sentence for client fraud: Former N.J. broker stole $9.8M from clients
A lifetime of savings – gone! What would you do if your elderly parent told you their investments and retirement money were wiped out in a Ponzi scheme? Clients of former New Jersey investment broker, Maxwell B. Smith III, likely received a phone call from a parent or friend who fell victim to fraud. The […]
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