Offshore Alert and the Association of Certified Financial Crime Specialists were joined by Constantine Cannon Whistleblower Lawyers Poppy Alexander, Eric Havian, and Michael Ronickher in developing a proposal to enact legislation that would create statutory incentives and protections for whistleblowers with information about money laundering.
The proposal, unveiled on May 25, 2020, was developed in response to a...
Canadian Accountability Experts Propose Comprehensive “Hack” Promoting Increased Transparency and Support for Whistleblowers
A group of prominent accountability experts have come up with a comprehensive proposal designed to increase transparency and whistleblower protections in Canada. The Canadian COVID-19 Accountability Group (CCAG), comprised of former whistleblowers and other experts from academia, law, policing and journalism, was created in response to Constantine Cannon’s FT Innovative Lawyers Global Legal Hackathon challenge. The...
As the COVID-19 pandemic continues to batter businesses and everyday Americans, it has been one of the busiest weeks yet for the government agencies stopping fraudsters who target government relief programs. In new cases filed this week, the government has gone after alleged bogus sales and price gouging of PPE, new frauds on the Paycheck Protection Program (PPP), healthcare fraud, and more.
As we enter our third month of nation-wide shelter-in-place efforts, fraudsters continue to exploit government relief programs. For the second week in a row, the Eastern District of Texas DOJ is going after a purported small business owner for defrauding the Paycheck Protection Program (PPP). Samuel Yates has been charged with wire fraud, bank fraud, and making false statements for allegedly submitting fraudulent loan...
Financial Times Global Legal Hackathon Targeting Pandemic Issues Raises Interest in Whistleblowers Worldwide
In April, international business and economics newspaper The Financial Times launched a Global Legal Hackathon with a call for “organisations and individuals in the legal sector to develop solutions to problems created by the coronavirus pandemic.” The hackathon aims to harness the collective capability, energy, and innovation of the world’s legal industry to develop multidisciplinary and technology-driven...
Financial Pressures on U.S. Hospitals, Combined with New Funding, Increase Risk of Medicare and Medicaid Fraud
Hospitals are an institution we might have expected to be prepared for a healthcare crisis. It is their job, after all, to provide emergency and intensive healthcare. In fact, however, the COVID-19 crisis has put enormous pressures on hospitals. With such new pressures come new risks of healthcare fraud at hospitals.
The Financial Pressures on Hospitals in the COVID-19 Crisis
COVID Frauds of the Week: Unproven Tests, Nonexistent Equipment, Price Gouging, and $10 Million in SBA Loans
Fraudsters continue to attempt to capitalize on anxiety and uncertainty during the pandemic by marketing unproven products and services for the prevention, treatment, or cure of COVID-19.
This week, we highlight the massive FTC efforts to identify and shut down illegal activities via Warning Letters (around 100 issued to date); two new SEC actions; as well other government actions to quash sales of unproven or...