Martin’s Point Health Care will pay nearly $22.5 million to settle allegations it violated the False Claims Act by knowingly submitting inaccurate diagnosis codes for Medicare enrollees to increase reimbursements.
Whistleblowers
Posted inAccounting & Auditing
Booz Allen to pay $377.5M in improper billing case
Booz Allen Hamilton agreed to pay approximately $377.5 million as part of a settlement with the Department of Justice regarding alleged False Claims Act violations stemming from improper billing of commercial and international costs in government contracts.
Posted inWhistleblowers
CFTC whistleblower director steps down
Christopher Ehrman, the head of the whistleblower program at the Commodity Futures Trading Commission, departed the agency.
Posted inEthics & Culture
Supreme Court to consider case that could affect corporate whistleblowing
The Supreme Court agreed to hear arguments in a case, Murray v. UBS Securities, that has focused attention on the burden of proof whistleblowers reporting misconduct internally must meet to establish retaliation by their public company employer.
Posted inEthics & Culture
Lawsuit: Ex-FTX CCO bribed whistleblowers into silence
The former chief compliance officer at cryptocurrency exchange FTX paid off whistleblowers and their lawyers trying to expose the company’s fraud, according to a lawsuit filed in bankruptcy court by FTX and its debtors.
Posted inRisk Management
CFTC wants whistleblowers to help thwart carbon markets fraud
The Commodity Futures Trading Commission issued an alert regarding the identification and reporting of potential fraud or manipulation in carbon markets.
Posted inAnti-Bribery
S.C.-based St. Francis to pay $36.5M in false claims settlement
South Carolina-based healthcare system St. Francis agreed to pay $36.5 million as part of a settlement with the Department of Justice addressing alleged violations of the False Claims Act, Stark Law, and Anti-Kickback Statute.
Posted inAccounting & Auditing
Gaia fined $2M for subscriber overstatement, whistleblower retaliation
Digital video subscription service Gaia will pay a $2 million fine to the Securities and Exchange Commission for allegedly overstating its paid subscribers and retaliating against an internal whistleblower.
Posted inEthics & Culture
Whistleblower attorney: Companies that don’t welcome complaints may pay price
Businesses found ignoring tips from employees about possible internal wrongdoing could face stiffer penalties, warned Mary Inman, partner at law firm Constantine Cannon, at Compliance Week’s 2023 National Conference.
Posted inEthics & Culture
Ten takeaways from Compliance Week 2023
Significant changes in policy and technology, in addition to fresh perspectives on tried-and-true compliance topics, highlighted the discussion at Compliance Week’s 2023 National Conference.