Investment Adviser Charged in Multi-Million Dollar Options Trading Scheme
Posted 10/6/17
By the C|C Whistleblower Lawyer Team
The SEC charged a Westchester, New York-based investment adviser with fraud stemming from lies to retail investors about the value of their investments in a Ponzi-like scheme.
The SEC alleges that, starting in approximately 2010, Michael Scronic began to raise money from at least 42 friends and acquaintances, many of whom were from his suburban community, in order to invest...
By the C|C Whistleblower Lawyer Team
Interior Department whistleblower resigns after reassignment from climate change duties -- The Interior Department employee who blew the whistle on the Trump administration for reassigning him from measuring climate change to a different department has resigned. Joel Clement, who worked at Interior for more than seven years and continued on in his new accounting role for three...
By the C|C Whistleblower Lawyer Team
Four hospitals in the Houston area have 
By the C|C Whistleblower Lawyer Team
13 Chicagoland gas stations settle FCA suit for $4.5M—The gas stations have settled allegations that they have systematically underreported and underpaid sales tax for the past 15 years. According to the lawsuit, the gas stations submitted fraudulent monthly sales tax returns to the Illinois Department of Revenue, cheating the state out of millions of sales tax revenue. All 13...
By the C|C Whistleblower Lawyer Team
On Tuesday, the Department of Justice announced a settlement of over $3 million with New-York-based contractors Zoladz Construction Company Inc. (ZCCI), Arsenal Contracting LLC (Arsenal), and Alliance Contracting LLC (Alliance), as well as two of their owners, John Zoladz and David Lyons, to resolve allegations that they violated the False Claims Act by falsely procuring federal...
By the C|C Whistleblower Lawyer Team
IRS Awards Equifax $7.25 Million Fraud-Prevention Contract – “The IRS will pay Equifax $7.25 million to verify taxpayer identities and help prevent fraud under a no-bid contract issued last week, even as lawmakers lash the embattled company about a massive security breach that exposed personal information of as many as 145.5 million Americans.” 
Several more executives were charged for their alleged roles in the $400 million fraud and bribery scheme involving Tenet Healthcare Corporation. The indictments follow the October 2016 guilty plea and half a billion dollar