federal prosecutors News

Boston Man Convicted in Physical Therapy False Billing Scheme

A Boston man pleaded guilty in federal court in connection with a scheme to defraud an insurance company for physical therapy services that were not provided to patients, according to prosecutors. Officials said Slava Pride pleaded guilty to one count …

Officials Suggest Pipeline Company Hid Problems After Spill

BILLINGS, Mont. (AP) — U.S. prosecutors suspect a Wyoming company of potentially concealing problems with a pipeline that broke in 2015 and spilled more than 50,000 gallons (240,000 liters) of crude into Montana’s Yellowstone River, fouling a small city’s drinking …

Indictment Charges 23 Conspirators in Alleged Staged Accident Scheme

Federal prosecutors have charged 23 people in an alleged scheme that they say claimed nearly $1 million in damages from staged automobile accidents. The U.S. Attorney’s Office for the Eastern District of Washington announced the unsealing of a 138-count federal …

What Will Silicon Valley Learn From Holmes’ Conviction?

SAN JOSE, Calif. (AP)–The fraud conviction of former Theranos CEO Elizabeth Holmes could offer Silicon Valley’s culture of hubris and hype some valuable lessons. Will anyone in the tech industry actually take this moment to heart? Don’t count on it. …

$475M Settlement Proposed in Longest-Running US Oil Spill

NEW ORLEANS (AP)–A New Orleans-based oil company has agreed to turn over a $432 million cleanup trust fund and pay an additional $43 million to settle a federal lawsuit over cleaning up abandoned wells leaking since 2004, federal prosecutors said …

Insurers Lost $2M in Pain Cream Scam, Prosecutors Say

A former medical supply executive in Arkansas who conspired with physicians to dispense pain creams and patches to workers’ compensation claimants defrauded private insurers out of about $2 million and the federal government out of $3.9 million, federal prosecutors say. …

Witness: Commissioner Used Arson Money to Buy Campaign Signs

ATLANTA (AP) — Suspended Georgia Insurance Commissioner Jim Beck improperly took money from the private insurer he led and used it to buy campaign signs when the Republican ran for office in 2018, a witness testified Friday in Beck’s trial. …

4 Charged in Allegedly Staged Crash Settled for $4.7M

NEW ORLEANS — Four people have been charged in what prosecutors say was a staged wreck that was settled for $4.7 million. The indictment brought the total to 32 people accused of faking accidents with tractor-trailers to get insurance money, …

Walmart Must Turn Over Files on Alleged Opioid Mishandling

Walmart Inc. must disclose some internal files related to alleged mishandling of opioid painkillers sold through the company’s in-store pharmacies, after a judge ruled in favor of investors who claim directors failed in their oversight. Two pension funds “quite clearly …

Brazil Prosecutors Ask Court to Remove Vale Managers Over Safety Concerns

RIO DE JANEIRO — Federal prosecutors in Brazil’s Minas Gerais state are seeking a court order for miner Vale SA to replace executives they accuse of disregarding safety methods in the aftermath of two deadly mining disasters. They have asked …