If the figures coming from the North American Securities Administrators Association (NASAA) are correct, the number of fraud actions involving victims over the age of 50 is staggering. We don’t have 2020 data yet and with COVID, we expect 2020 will be another record breaking year for fraudsters. Sadly, regulatory agencies only have enough resources […]
Wells Fargo Pays Millions To Settle Elder Fraud Allegations
Wells Fargo Advisors has repeatedly been caught pushing unsuitable investments on their clients. One would think that after all the scandals that have engulfed the beleaguered bank, senior management would start taking their customers more seriously. Our first post on Wells Fargo selling unsuitable investments was in 2011. It’s now 2021 and we are still […]
Surgeon Pleads to Blood Vessel Scam (Whistleblower Reward Post)
It’s Christmas Day and here I am writing about one of the most twisted Medicare fraud scams to date. A doctor in Tallahassee, Florida pled guilty on December 18th to performing unnecessary heart procedures. When I was a prosecutor, we didn’t like proceeding with major felony cases between Thanksgiving and Christmas. It’s not that folks […]
LPL Financial In Trouble – (LPL Stockbroker Fraud Lawyer Post)
[Updated through 2021] LPL Financial is certainly not a bucket shop or “boiler room” in the tradition of the Wolf of Wall Street and Stratton Oakmont Securities but lately, its beginning to behave like one. An industry leader with over 16,000 representatives, LPL is a big brokerage firm with offices throughout the United States. Recent […]
World’s First Robo Lawyer Sued for SPAM Text Messages
The late physicist Stephen Hawking, one of the smartest people in the world, openly worried that robots could “spell the end of the human race.” Yet despite those fears, our society continues to march towards more automation. Self driving cars are here. Amazon is already testing pilotless drones to deliver packages. Passenger planes without pilots […]
Shell Companies, Money Laundering and Whistleblower Rewards
Most whistleblower rewards are paid to those reporting frauds against the government. Unless that fraud involves a pharmaceutical giant (Medicare fraud) or big defense contractor, the typical reward is modest. By modest we mean under $1 million. We still love those cases and have dedicated our careers to chasing down fraudsters of all sizes. Like […]
Despite the Risk of Death or Horrific Injuries, GM Delayed Takata Airbag Recall
Exploding Takata airbags are old news. There is evidence that Takata knew that certain of their airbags were 6 times more likely to fail. In 2004, the company ran secret tests after an airbag exploded spewing deadly shrapnel into a driver’s face. We can give the automakers a pass until this point. There is evidence […]
Are Qui Tam Rewards Taxable? (Whistleblower 101 Post)
Do I have to pay tax on my whistleblower reward? That is a question we almost always hear after one of our clients is successful in a whistleblower action. And because we are fraud lawyers – not tax lawyers – we always help our clients find a good tax lawyer in case they don’t already […]
Addus HomeCare Fraud Investigation – Were You Denied Proper Pay?
Mahany Law Announces Addus HomeCare Wage Theft and Employment Investigation Addus HomeCare promotes itself as one of the largest home healthcare providers in the United States. With 189 locations and 33,000 employees, they are certainly big. According to their website, “Patient-focused and innovative, we are always looking for top talent – in direct care, skilled […]
Whistleblower Rewards for Foreign Bribery – Best & Worst Countries for Bribes
Countries with the Highest Rates of Bribery of Government Officials Congress passed the Foreign Corrupt Practices Act (FCPA) in 1977. That law prohibits the payment of bribes to foreign officials to assist in obtaining or retaining business. The FCPA applies to prohibited conduct anywhere in the world and extends to publicly traded companies and their […]
- 1
- 2
- 3
- …
- 249
- Next Page »