By
Adrianne Appel2022-11-29T13:39:00
The Department of Justice (DOJ) requested Rennova Health repay Covid-19 relief funds it received in 2020 as part of a whistleblower lawsuit against the healthcare services provider.
Rennova, based in Tennessee, has been under investigation following a qui tam whistleblower lawsuit filed in July 2021 claiming the company received more than $12.2 million in Covid-19 relief funds and used the money to pay “ineligible expenses and transfer funds to ineligible recipients.” The complaint cited violations of the False Claims Act and was filed in U.S. District Court for the Southern District of Florida.
The complaint alleged between April 2020 and July 2020, $9.5 million of the federal government loans received by Rennova was used to pay Chief Executive Seamus Lagan’s compensation and for other nonrelief purposes. The suit seeks treble damages plus other fees.
2023-01-25T17:19:00Z By Aaron Nicodemus
The Federal Reserve Board fined New York-based Popular Bank $2.3 million for processing Paycheck Protection Program loans despite finding significant indications of possible fraud in the loan applications.
2022-09-26T19:23:00Z By Aaron Nicodemus
A Florida-based investment fund will pay approximately $22,000 as part of a settlement resolving the first False Claims Act whistleblower case involving a Paycheck Protection Program loan in which the United States intervened.
2022-09-14T17:57:00Z By Aaron Nicodemus
Houston-based Prosperity Bank will pay approximately $18,700 to resolve allegations it processed a Paycheck Protection Program loan for an ineligible recipient in what is believed to be a landmark False Claims Act settlement.
2025-10-23T20:36:00Z By Jaclyn Jaeger
It has been nearly six months now since the Department of Justice’s (DOJ) Criminal Division released its memorandum on the selection of compliance monitors. This article provides a critical analysis of the monitorships that received early terminations, those that remain in place, and the broader compliance lessons they impart.
2025-10-23T20:07:00Z By Oscar Gonzalez
The founder of crypto exchange Binance, Changpeng Zhao, received a pardon from President Donald Trump. This pardon comes almost two years after Zhao signed a plea agreement and was sentenced to a four-month prison sentence.
2025-10-23T18:57:00Z By Adrianne Appel
A former Wells Fargo risk officer previously ordered to pay $10 million by the Department of the Treasury’s Office of the Comptroller of the Currency (OCC) for her alleged role in the bank’s “fake accounts” scandal is completely off the hook, according to an OCC consent order issued Tuesday.
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