A judge affirmed more than $487 million in penalties and damages against Precision Lens and its owner after a jury found they filed tens of thousands of false claims to Medicare and violated the Anti-Kickback Statute.
Jeff Dale
Posted inRisk Management
Tech think tank participants tackle TPRM, MDM, off-channel comms at CW2023
With new technology tools come risks that can’t be denied, a think tank comprised of senior compliance professionals discussed at Compliance Week’s 2023 National Conference.
Posted inEthics & Culture
Q&A: Rising Star in Compliance Anastasia Savvateeva
Anastasia Savvateeva, deputy head of financial crime compliance for continental Europe at Fidelity International Luxembourg, shares with Compliance Week her view on keys to compliance success, work experiences, and future aspirations.
Posted inEthics & Culture
Q&A: Compliance Mentor of the Year Rachel Simon
Rachel Simon, vice president of privacy at AT&T, discusses with Compliance Week how leveraging her networking skills has helped the telecommunications giant build diversity in its ranks.
Posted inRegulatory Enforcement
GCI to pay $40.2M to settle False Claims Act case
Alaska-based telecommunications provider GCI Communications Corp. agreed to pay more than $40.2 million as part of a settlement agreement with the Department of Justice for alleged violations of the False Claims Act.
Posted inSurveys & Benchmarking
Survey: In-house counsel salaries, bonuses decreased in 2022
In-house counsel salaries took a small step back in 2022, according to the latest analysis from executive search firm BarkerGilmore, while overall bonuses suffered a much steeper decline.
Posted inEurope
UBS delays chief risk officer transition amid Credit Suisse merger
UBS announced Christian Bluhm will remain in his role as group chief risk officer “for the foreseeable future” as the Swiss bank grapples with integrating Credit Suisse into its business.
Posted inRegulatory Enforcement
DOJ: Disbarred attorney serving as bank CCO charged for fraud role
The Department of Justice announced charges against the “purported” chief compliance officer at Dominion Bank and Trust Company Limited for allegedly taking part in a $4 million fraud scheme.
Posted inEurope
Barclays recruits chief compliance officer from HSBC
Barclays announced the appointment of Kirsty Everett as chief compliance officer and a member of its group executive committee, effective July 1.
Posted inRegulatory Enforcement
Business orgs fined $84K by DOJ over sanctioned Iran dealings
Taiwan-based DES International Co. and Brunei-based Soltech Industry Co. each agreed to pay fines of $83,769 after pleading guilty to Department of Justice charges of conspiring to violate U.S. export laws and sanctions by sending U.S.-origin goods to Iran.