Healthcare professionals caring for older adults would play a key role in a new communication system — described in a recently released white paper from the Securities and Exchange Commission — that would be designed to report and curtail suspected financial exploitation.
A bipartisan bill intended to help protect older adults from financial exploitation and fraud is on its way to the president's desk to be signed into law.
The statistic was part of the "2017 Internet Crime Report" released Monday by the FBI's Internet Crime Complaint Center.
Nine Georgia and Alabama senior living communities that went into receivership last year after their owner was charged with fraud and had his assets frozen now have new owners.
A bipartisan bill that would expand the reach of Medicaid Fraud Control Units to any setting where beneficiaries receive services has gained the backing of the National Association of Attorneys General but appears stuck in the House of Representatives.
Three people who made more than $16 million after falsely telling older adults and others that the light-emitting medical devices they sold could safety and effectively treat diabetes, heart disease, emphysema, cancer and dozens of other medical conditions in their residences were sentenced on Friday, the Justice Department announced Monday.
Cases of financial exploitation of older adults by their legal guardians, including cases indirectly involving assisted living communities, "highlight shocking breaches of trust by people who obtained positions of power or influence over vulnerable seniors," Sen. Susan Collins said Wednesday at a hearing on the topic.
A senior living manager who created imaginary employees has pleaded guilty to fraudulently obtaining almost a half million dollars.
The new Medicare cards represent a huge opportunity for those with larceny in their hearts.
Total monetary recoveries by state Medicaid Fraud Control Units in assisted living-related fraud, abuse and neglect criminal and civil cases increased by more than 600% from fiscal year 2016 to FY 2017, according to a new report from the Department of Health and Human Services Office of Inspector General.
A new elder abuse litigation and prevention unit within the West Virginia attorney general's office will include civil prosecutors pursuing cases against those who exploit, abuse or neglect older adults in the state, Attorney General Patrick Morrisey announced Thursday.
Argentum is planning to find additional ways to discuss the Government Accountability Office's assisted living-related report, home- and community-based services and other issues after the second day of its Public Policy Institute & Fly-In was canceled due to inclement weather.
Theft charges could lead to decades in prison, $1.5 million in fines for former assisted living business managerMarch 22, 2018
The former business manager of a Morristown, NJ, assisted living community faces the potential of decades in prison and up to $1.5 million in fines if found guilty of charges related to the theft of approximately $237,000 from a resident.
A Las Vegas resident has been sentenced to more than seven years in prison and ordered to pay $2.8 million in restitution after pleading guilty to running prize promotion scams that defrauded thousands of victims, many of whom were elderly, out of more than $20 million.
For the third consecutive year, in 2017, IRS impersonation scams were the top type of scams reported to the Senate Special Committee on Aging's fraud hotline, according to the committee, which released its 2018 "Fraud Book" and held a hearing on the topic on Wednesday.
Charges against more than 250 defendants who allegedly stole more than $500 million from more than a million Americans were announced Thursday in an effort that the Justice Department described as "the largest coordinated sweep of elder fraud cases in history."
HHS considers lifetime limits on Medicaid ... Kindred Healthcare urges shareholders to approve its sale, notes more challenges ahead ... New rules aiming to prevent financial abuse of seniors take effect
Government set to reopen, but more work required for long-term budget deal that could deliver fixes for seniors ... HHS announces two more actions related to new Conscience and Religious Freedom Division ... State measures to prevent elder financial abuse gaining steam
The former CEO of American Senior Communities and two others have agreed to plead guilty to some of the charges related to their alleged roles in a $16 million fraud, kickback and money-laundering scheme.
Settlements with Life Care Centers of America and eClinicalWorks marked two of the largest healthcare fraud-related recoveries by the federal government in the fiscal year ending Sept. 30, the Justice Department recently announced.
The former owner of a Colorado senior living community may get to keep his day job. But his nights and weekends will be spent in jail, following a check-kiting conviction.
A former senior advocate faces her next court date Friday after being indicted on several felony counts for allegedly stealing up to $50,000 from an assisted living resident for whom she was responsible. Her former employer says the news prompts a lesson for senior living communities, residents and their families.
In senior living, we have plans to mitigate disasters, address corporate compliance, handle elopement and assure quality. What plans do we have in place for crisis communication and reputation management?
Another defendant in the alleged $16 million fraud, kickback and money-laundering scheme involving former executives of American Senior Communities has agreed to plead guilty to charges against him.
A federal court in New York has permanently barred 14 people and entities from operating two alleged multimillion dollar international mail fraud schemes that targeted older Americans and others, according to the Justice Department.
A class-action lawsuit against Oakmont Senior Living appears to be headed back to a California state court. The lawsuit alleges the community failed to deliver on staffing promises.
An Atlanta-based businessman accused by the SEC of misusing investor funds raised to purchase and renovate senior living facilities has filed for bankruptcy, calling into question his ability to fulfill an agreement to repay investors more than $86 million.
The office of a New Mexico guardian to older adults, veterans and people with special needs has been closed after federal officials accused the company and its co-founders of embezzling $4 million in client funds to finance their "lavish lifestyles."
A Chicago-based senior living developer avoided being barred from the EB-5 Immigrant Investor Program, and his companies are not going into receivership, after a federal judge on Tuesday denied a request for a preliminary injunction and receivership made by the Securities and Exchange Commission.
The former manager of an assisted living facility in Maryland has been sentenced to 52 months in federal prison and three years of supervised release after admitting to obtaining credit cards in the names of residents and making almost $75,000 in purchases on them.