- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
A former Rite Aid vice president, Timothy Foster of Oregon, has been charged in connection with a $14.6 million, surplus inventory sales/kickback scheme, according to the U.S. Attorney’s Office. As the company’s vice president for quality assurance, Foster’s took advantage of his oversight of surplus inventory liquidation to benefit himself ...
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Three former executives of Chicago-based Outcome Health, a healthcare technology company, were sentenced for misleading an auditor, clients, lenders, and investors about a scheme to sell $45 million in overbilled advertisements.
A home health company operating in Indiana, Ohio, and Texas agreed to pay nearly $4.5 million to settle allegations it filed false claims by giving sports tickets and other kickbacks to assisted living facilities in exchange for referrals.
Crypto-friendly Silvergate Bank will pay a total of $63 million penalties to California and the Federal Reserve Board to settle charges that its anti-money laundering program failed to properly monitor more than $1 trillion worth of customer transactions.
