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Bayer HealthCare LLC (Bayer) agreed $97.5 million settlement

usdoj.gov | 11/25/08 | $97.5 million | suspect: Bayer HealthCare LLC | victim: Medicare Bayer HealthCare LLC (Bayer) has agreed to pay the United States $97.5 million plus interest to settle allegations that it paid kickbacks to a number of diabetic suppliers and caused those suppliers to submit false claims to Medicare, the Justice Department announced today. The settlement resolves allegations that Bayer engaged in a cash-for-patient scheme through which the company paid 11 diabetic suppliers to convert their patients to Bayer's products from supplies manufactured by its competitors.

CONNECTICUT ADMITS ROLE IN MORTGAGE FRAUD SCHEME

usdoj.gov | 11/25/08 | $1 million | suspect: Fred Stevens | victim: Indymac Bank Fred Stevens was a mortgage broker in Westport, Connecticut. Working with property developers, lawyers, "hard money" lenders, an appraiser, employees of financial institutions and others, Stevens submitted fraudulent mortgage applications with IndyMac Bank and other financial institutions to secure mortgages for certain clients.

ATTORNEY SENTENCED TO FOR KICKBACK SCHEME

usdoj.gov | 11/25/08 | $1,717,737 | suspect: Eric Amoako | victim: Hartford Insurance Eric Amoako, 51, of Houston, was sentenced to federal prison for his role in an insurance fraud scheme, acting United States Attorney Tim Johnson announced today.

DETROIT MAN PLEADS GUILTY TO USING FAKE 1-800 NUMBERS

usdoj.gov | 11/24/08 | suspect: Cal Fizer | victim: Black & Decker Terrence Berg, Acting United States Attorney for the Eastern District of Michigan, announced today that a Detroit resident, who used fake 1-800 numbers to steal hundreds of credit card numbers and other personal identity information, entered a plea of guilty to the charges of credit card fraud, mail fraud, and aggravated identity theft.

MASS. MAN SENTENCED FOR PAYROLL SCHEME

usdoj.gov | 11/21/08 | $17 million | suspect: Xieu Van Son | victim: IRS/Workers Comp. The U.S. Attorney, FBI, and IRS announced that XIEU VAN SON of Lowell, Massachusetts, was sentenced to two years probation because of his role as a "straw owner" of a temporary employment agency operated by Aimee King McElroy and Daniel W. McElroy.

Travel agent booked for fraud

bizjournals.com | 11/25/08 | $90,000 | suspect: Joseph Ehrenreich | victims: multiple A Western New York travel company owner has been arrested for selling excursions to nonprofit entities and then failing to book those trips

Online Fraud Costs May Be $5.3 Billion

sltrib.com | 11/25/08 | $5.3 billion Online criminals stole credit-card, bank and gaming accounts over a one-year period that were potentially worth $5.3 billion, fueling a thriving underground market for consumers' identities, a Symantec Corp. study found.

MEN SENTENCED IN $32 MILLION SCAM

usdoj.gov | 11/19/08 | $28 million | suspects: Robert Jennings and Arthur Simburg | victims: multiple An Inland Empire pastor has been sentenced to 12 years in federal prison for his role in an investment scam that led more than 500 victims to lose over $28 million after being told they could make money in coal mines and a gold transaction.

MODESTO WOMAN INDICTED FOR EMBEZZLEMENT

usdoj.gov | 11/21/08 | $1.6 million | suspect: Lisa Shae Allen | Hedgecock, Inc. United States Attorney McGregor W. Scott announced today that LISA SHAE ALLEN, 37, of Modesto, Calif., was arrested on a 47-count indictment charging her with mail fraud, money laundering, and criminal forfeiture stemming from her embezzlement of over $1.6 million from her former employer.

San Francisco Federal Court Halts Sales of Tax Schemes

usdoj.gov | 11/24/08 | $25 million | suspect: GSL Advisory Solutions | victim: IRS A San Francisco federal judge has ordered Edwin Lichtig III and his Walnut Creek, Calif.-based firm, GSL Advisory Solutions, to stop promoting unlawful tax schemes, the Justice Department announced today. The defendants agreed to the permanent injunction order without admitting the government's allegations against them. The United States sued Lichtig and GSL alleging that they promoted tax fraud schemes involving Individual Retirement Accounts (IRAs) that helped customers improperly avoid federal income tax on more than $25 million.