During the height of the Great Depression, President Roosevelt and Congress passed a number of measures designed to spur the national economy. Part of Washington’s “New Deal” package was the Buy American Act; a law that required the federal government to prefer American made goods in its purchases. Later, the Buy American law was supplemented […]
One For The Record Books – Fannie Mae Settles Ponzi Scheme Case
Once upon a time, nearly a decade ago, the Federal National Mortgage Association – Fannie Mae – filed suit against a Brooklyn based mortgage company, Olympia Mortgage. When the complaint was filed in 2004, the real estate market was red hot, Fannie Mae was a privately owned company and few imagined the coming housing market […]
No Show Doctor Convicted of Medicare Fraud – Whistleblower Post
New York physician Gustave Drivas was convicted of federal Medicare fraud following a trial in a Brooklyn federal court. He faces 20 years when sentenced later this summer. Medicare fraud costs taxpayers billions each year. Thankfully many of these crimes are solved by whistleblowers. According to court records, Drivas was affiliated with a clinic in […]
MD Convicted Of Health Care Fraud – Shocking Scheme Revealed
by Brian Mahany Just two days ago we posted a story about health care fraud. 48 hours later and another sad story of patient abuse emerges; patient abuse for profit. The United States Attorney for New Jersey, Paul Fishman, announced a 68 year old cardiologist pleaded guilty to one of the largest health care frauds in […]
IRS Agent May Be Headed To Prison For Info Leak – Whistleblower Protection
by Brian Mahany Last September, we reported on the arrest of Dennis Lerner, a former IRS agent. Prosecutors said that he had become a bit too cozy with a company he was auditing. Service employees are bound by strict confidentiality rules that prohibit disclosures of confidential tax information. When the story first broke, Lerner was […]
Companies Brace For More Whistleblower Claims
by Brian Mahany According to a recent and well respected study conducted by Fulbright & Jaworski, corporate general counsels are bracing for a record number of whistleblower complaints this year. In 2010 and 2011, 22% of the respondents said they had faced allegations brought by a whistleblower. That number increased by a third to 29% […]
Mahany & Ertl – A Proud Tradition Of Helping Whistleblowers
by Brian Mahany The following is a letter written by Evy Brown, Director of Whistlewatch.org, a leading advocacy group for whistleblowers. Although the letter was previously circulated within the whistleblower community, we have changed the name of the client. The attorney named in this letter is our very own Joe Bird. Joe heads up both […]
"I Don't Recall" – Confessions Of Bank Of America CEO Brian Moynihan
by Brian Mahany Bank of America chief executive officer Brian Moynihan’s deposition was just filed with the court after Thanksgiving. It reminds of some of the transcripts I have read dealing with mobsters. If there was an Academy Award or Oscar for the most stonewalling, Moynihan would be a shoe-in. Insurance giant MBIA sued Countrywide […]
Feds Jail Physician For Medicare Fraud – New Opportunity For Whistleblowers
by Brian Mahany Dr. Jonathan Agbebiyi, age 63, is going to spend his golden years in a federal penitentiary. A federal judge in Michigan sentenced him earlier this month to 60 months in prison for his role in a $5.4 million Medicare fraud. He was convicted of 6 counts of health care fraud. Prosecutors proved […]
Government Accuses Wells Fargo Of Massive Mortgage Fraud
[Post Updated] Lately we have been writing a lot of stories about Bank of America. It seems America’s biggest bank is also the most inept. Every now and then, however, they get a break and the bad headlines go to one of the other behemoth lenders. Today’s Wall of Shame honors go to Wells Fargo. […]