Whistleblower News From The Inside -- June 6, 2016
By the C|C Whistleblower Lawyer Team
Panama Papers show law firm did more than create offshore accounts for clients — “For many of its American clients, Mossack Fonseca offered a how-to guide of sorts on skirting or evading United States tax and financial disclosure laws.” NY Times
More guilty pleas in $600 million spinal surgery fraud – Three additional defendants pleaded guilty to participating in a kickback scheme that illegally referred thousands of patients for spinal surgeries performed at Pacific Hospital in Long Beach, CA. USAO CD-Cal
Brothers sentenced in H-1B visa fraud scheme — Their firm sponsored workers for jobs that didn’t necessarily exist in order to create a low-cost, on-demand workforce. By using a “benching” scheme the company earned a substantial profit margin when a consultant was assigned to a project and incurred few costs when a worker was without billable work. Computer World
CFTC charges Phaedra Capital and its head with fraudulently operating a commodity pool and misappropriating pool participants’ assets – Haena Park was also charged criminally for her attempt to defraud investors of more than $23 million. USAO-SDNY, CFTC
Pharmaceutical companies high costs will be examined at conference – In the midst of continuing announcements of extortionate drug pricing, the Biotechnology Industry Organization conference will examine reimbursement pressure, comparative effectiveness and new technologies. Modern Healthcare