Whistleblower News from the Inside - October 7, 2014
By the C|C Whistleblower Lawyer Team
US poised for another round of legal attacks against leading banks — The new charges concern alleged collusion “to alter the price of foreign currencies, the largest and least regulated financial market.” NYT
Columbia/HCA whistleblower attacks Florida Governor Rick Scott — Scott was a founder of the hospital chain which paid $1.7B to settle healthcare fraud charges and according to whistleblower John Schilling, “fraud was brewing in the DNA of Rick Scott’s company from the very beginning, and he was the father of it.” Reuters
Banker admits Libor fraud conspiracy — An unidentified senior banker from a UK bank has admitted to conspiring to manipulate the Libor lending rate. He is the first person in the UK to plead guilty to the offence. BBC
Tennessee court allows extrapolation in False Claims Act case — The court ruled the government can extrapolate from a small sample of billing statements to over 50,000 claims submitted by Life Care Centers of America in the government’s False Claims Act case against the nursing home operator. National Law Review
Medicare revises nursing home rating system — This comes after mounting criticism the existing 5-star rating system “relied so heavily on unverified and incomplete information that even homes with a documented history of quality problems were earning top ratings.” NYT
Family linked to fraud bankrolls Univ. of Tennessee business school — The Haslam family, founders of the Pilot chain of convenience stores and gas stations and the namesake of the newly styled Haslam College of Business, is “linked to an alleged scheme to swindle unsuspecting truckers out of millions of dollars in fuel rebates.” Businessweek