If you are looking to stay up to date on recent cases involving alleged fraud or theft throughout the country, the FBI’s website, fbi.gov, is a great source of information.
Below are some August 2017 fraud cases referenced on the FBI’s website and throughout the internet.
HEALTH CARE FRAUD
Read Article: Chicago Podiatrist Sentenced for Health Care Fraud Charges
August 15, 2017
Dr. Yev Gray, a podiatrist from Chicago operating in at least 16 states, pled guilty to one felony count of conspiracy to commit healthcare fraud and one felony count of making false statements relating to health care matters. Dr. Gray was sentenced to 90 months in prison, and ordered to pay $6,974,895 in restitution. The charges are related to the submission of false reimbursement claims for non-rendered podiatric services.
Read Article: Cardiologist Admits Billing Veterans Affairs for Hundreds of Bogus Medical Procedures
August 16, 2017
Apostolos Voudouris, a cardiologist from Somerset, New Jersey, admitted to more than 350 occasions of submitting documents to the VA for procedures that were never performed. He faces a maximum penalty of 10 years in prison and a $250,000 fine. As part of a plea agreement, Voudouris must pay restitution to the VA in the sum of $238,230 – the amount fraudulently received – as well as $476,460 in a civil settlement.
OTHER FRAUD RELATED ARTICLES
Read Article: Lengthy Prison Term for Estate Planner Who Betrayed Clients
August 15, 2017
Julie Kronhaus, a Florida resident and highly regarded estate planner, has been sentenced to 10 years in prison and ordered to pay nearly $3 million in restitution to the clients and banks defrauded between 2009 and 2015. As a trustee of client finances, Kronhaus used her access to divert approximately $2.7 million into her law firm’s accounts. She was federally charged in 2016 for wire and bank fraud and pleaded guilty to the charges in 2017.
Read Article: Businessman Pleads Guilty to Mortgage Fraud
August 29, 2017
A West Mifflin, Pennsylvania resident, James Nassida, pleaded guilty to one federal count of bank and wire fraud conspiracy. The charges are related to a variety of Nassida’s activities while owning and operating a mortgage brokerage business, Century III Home Equity, between 2002 and 2008. The charges include fraudulent document submission, misrepresenting borrowers, fraudulent appraisals, falsified settlement statements, failure to disclose secondary financing, and others. Nassida’s sentencing is scheduled for January of 2018, and may include up to 30 years in prison a $1 million fine, or both.
Read Article: Petaluma Resident Sentenced to 3.5 Years In Prison for Role In Wire Fraud Scheme
August 24, 2017
Robert Stephens, a resident of Petaluma, CA, has been sentenced to 42 months in prison, 3 years of supervised release, to pay restitution of $7,901,081, and to pay a forfeiture money judgment of $5,628,765. The sentencing comes as a result of several charges: conspiracy to commit wire fraud and money laundering. The scheme involved Stephens and four co-defendants. The group convinced victims that an heiress to a billion-dollar estate needed medical treatment, and fraudulently promised returns for money invested. The scheme included numerous victims defrauded of at least $5.6 million total.
Read Article: Former Summersville Bank Officer Sentenced for $151,000 Fraud, ID Theft Scheme
August 25, 2017
Keith Smith, a former employee of Community Bank (now Security Bank of the Ozarks), was sentenced to 2 years and 1 day in prison without parole, and will be issued an order to pay restitution. Smith was charged with one count of making false statements on a loan application and one count of aggravated identity theft.
Read Article: Social Security Administration Employee Convicted of Bank Fraud and False Statements
August 28, 2017
A Social Security Administration employee, Darryl Williams, was convicted of one count bank fraud, and nine counts of making false statements to a federally insured financial institution for the purpose of obtaining loans and credit. From 2010 to 2016, Williams submitted multiple loan and credit applications in which he falsified his employment history, income and job title. Williams additionally submitted false bank statements, as well as earnings and leave statements, to support some of the loan applications. Sentencing is scheduled for November 2017.
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