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Investigations Newsletter: Former Healthcare Executives Convicted for Health Insurance Policy Fraud Scheme

Former Healthcare Executives Convicted for Health Insurance Policy Fraud Scheme - Steven Dorfman, the former chief executive officer and owner of the Florida-based healthcare company Simple Health, and John Sand, a former...more

Investigations Newsletter: Three Individuals Sentenced for $3.5 Million COVID-19 Relief Fraud Scheme

Three Individuals Sentenced for $3.5 Million COVID-19 Relief Fraud Scheme- On February 6, three individuals were sentenced for fraudulently obtaining and misusing Paycheck Protection Program (PPP) loans that the US Small...more

Investigations Newsletter: COVID-19 Fraud Update: DOJ Prosecutes More than 150 Defendants, 95 Criminal Cases

COVID-19 Fraud Update: DOJ Prosecutes More than 150 Defendants, 95 Criminal Cases - Since the inception of the CARES Act, DOJ’s Fraud Section has prosecuted over 150 defendants in over 95 criminal cases. The Fraud Section...more

Investigations Newsletter: COVID-19 Fraud Update

Khadijah Chapman of Georgia, Daniel Labrum of Utah, and Eric O’Neil of Connecticut were all charged in separate indictments with submitting fraudulent Paycheck Protection Program (PPP) loan applications. According to the DOJ,...more

Investigations Newsletter: Jury Orders Eli Lilly To Pay $61 Million

Jury Orders Eli Lilly To Pay $61 Million - A federal jury in Illinois found that, beginning around 2004, drug manufacturer Eli Lilly deliberately underpaid rebates to Medicare programs by excluding retroactive drug prices...more

Investigations Newsletter: California Man Convicted in $27 Million PPP Fraud Scheme

California Man Convicted in $27 Million PPP Fraud Scheme - After a trial before a federal jury, a California man was convicted of bank fraud, making false statements to a financial institution, and money laundering for...more

Investigations Newsletter: DOJ Releases Highly Anticipated 2021 Fraud Report

DOJ Releases Highly Anticipated 2021 Fraud Report - The DOJ released the Fraud Section's Year in Review for 2021 describing its 329 individual convictions, 30 trial wins, and eight corporate resolutions that yielded...more

Investigations Newsletter: Former Theranos CEO Convicted of Defrauding Investors

Former Theranos CEO Convicted of Defrauding Investors - Elizabeth Holmes, founder and former CEO of blood testing start-up Theranos, was found guilty of one count of conspiracy and three counts of wire fraud for her...more

Investigations Newsletter: New York Man Pleads Guilty to PPP Loan Fraud

On October 26, Marcus Frazier of New York pled guilty to two counts of wire fraud affecting a financial institution for his alleged role in a scheme to obtain $6.9 million in Paycheck Protection Program (“PPP”) funds designed...more

Investigations Newsletter: DOJ Updates Actions to Combat Fraud Related to COVID-19

DOJ Updates Actions to Combat Fraud Related to COVID-19 - On March 26, 2021, the Department of Justice provided an update on its criminal and civil enforcement efforts to combat fraud related to the COVID-19 pandemic....more

Investigations Newsletter: Despite Decrease in 2020 False Claims Act Recoveries, Investigations and Litigation Expected to Rise...

Despite Decrease in 2020 False Claims Act Recoveries, Investigations and Litigation Expected to Rise Under the Biden Administration - As previously detailed by Arent Fox, total False Claims Act (FCA) recoveries for the...more

Investigations Newsletter: DOJ’s 2020 False Claims Act Recoveries Lowest Since 2008

DOJ’s 2020 False Claims Act Recoveries Lowest Since 2008 - On January 14, 2021, the Department of Justice (DOJ) announced that it obtained more than $2.2 billion in settlements and judgments from civil cases involving...more

Investigations Newsletter: Seven Individuals Charged in $16 Million COVID-Relief Fraud Scheme

Seven Individuals Charged in $16 Million COVID-Relief Fraud Scheme - In an indictment unsealed on November 17, seven individuals were charged with conspiracy to commit wire fraud and wire fraud for allegedly submitting at...more

Investigations Newsletter: Investment Bank Fined $400 Million For Failing to Remediate Deficiencies in its Risk Management Systems

Investment Bank Fined $400 Million For Failing to Remediate Deficiencies in its Risk Management Systems - On October 7, the Federal Reserve Board and Office of the Comptroller of the Currency issued a consent order...more

Investigations Newsletter: Nine Individuals Charged in $24 Million Paycheck Protection Program Fraud Scheme

Nine Individuals Charged in $24 Million Paycheck Protection Program Fraud Scheme - In one of the largest COVID-relief fraud cases to date, nine Ohio and Florida individuals are alleged to have conspired to obtain...more

Investigations Newsletter: Florida Doctor Charged in $681 Million Fraud Scheme Involving Substance Abuse Treatment

Florida Doctor Charged in $681 Million Fraud Scheme Involving Substance Abuse Treatment - On July 30, 2020, a criminal complaint was unsealed charging Michael J. Ligotti, D.O., with conspiracy to commit health care fraud...more

Investigations Newsletter: Texas Man Charged for Allegedly Filing False PPP Loan Applications

COVID Relief Program Fraud Charges - DOJ continues to announce charges against defendants accused of fraud in connection with allegedly false loan applications submitted under the Paycheck Protection Program (PPP)...more

SBA and Department of Treasury Announce Disclosure of PPP Recipients

SBA and Department of Treasury Announce Disclosure of PPP Recipients - After weeks of mounting public and congressional pressure, on Friday, June 19, the SBA and Department of Treasury announced that it will make...more

Business Owner Charged with Fraud Connected to the Paycheck Protection Program

Business Owner Charged with Fraud Connected to the Paycheck Protection Program - On June 15, 2020, the owner of several information technology companies was charged in a criminal complaint with bank fraud and for making...more

Investigations Newsletter: Foreign National Charged With Fraudulently Applying for $20 Million in COVID-19 Loans

Foreign National Charged With Fraudulently Applying for $20 Million in COVID-19 Loans - On May 21, 2020, the US Attorney’s Office for the Southern District of New York announced the arrest of a foreign national for...more

Investigations Newsletter: Engineer Charged With Defrauding COVID-Relief Program

Engineer Charged With Defrauding COVID-Relief Program - Texas-based engineer Shashank Rai was charged with defrauding the Coronavirus Aid, Relief, and Economic Security (CARES) Act SBA Paycheck Protection Program (PPP) by...more

Investigations Newsletters: DOJ Files First Fraud Case in Connection with the CARES Act SBA Paycheck Protection Program

DOJ Files First Fraud Case in Connection with the CARES Act SBA Paycheck Protection Program - David Staveley and David Butziger are the first two individuals to be charged with allegedly defrauding the Coronavirus Aid,...more

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