Fraud

If the federal government were better at preventing Medicare and Medicaid fraud, the programs could save perhaps $100 billion a year or more.

While no one defends the fraud, many politicians and bureaucrats don’t seem that interested in trying to fix it. [appeared in the New York Times](https://www.nytimes.com/2005/07/18/nyregion/new-york-medicaid-fraud-may-reach-into-billions.html) in 2005. While that wouldn’t solve Medicare’s long-term financial challenges, it would certainly help delay the day of reckoning. As the That’s a joke, but you get the point. But no one really knows how much Medicare and Medicaid fraud there is, because many fraudsters may never be caught. Medicaid, which is a federal/state health insurance program for low-income families, [spent $864 billion in 2022](https://www.usgovernmentspending.com/medicaid_spending_analysis). They put in a desk and chair, though there is seldom anyone actually in the office. [young Chris Wallace](https://www.youtube.com/watch?v=19R__PCNHAQ), then with ABC, reported on Medicare fraud in 1994. They are doing their best, though they are understaffed and underfunded. Brewer says the “business of stealing Medicare and Medicaid cash has never been as brazen.” “A lot of Republicans, their dream is to cut Social Security and Medicare,” Biden said in February.

BOSTON – A Massachusetts man was sentenced today in federal court in Boston for his role in a fraud scheme that stole more than $8 million from hundreds of ...

With this in mind, how do illegitimate chargebacks differ from legitimate ones, and what can firms do about it? Legitimate and Fraudulent Chargebacks: Key ...

[transaction monitoring system](https://complyadvantage.com/insights/protect-your-customers-with-real-time-transaction-fraud-detection/) is indispensable. [money laundering](https://complyadvantage.com/insights/what-is-money-laundering/) and related [financial crimes](https://complyadvantage.com/insights/financial-crime/). ComplyAdvantage accepts no responsibility for any information contained herein and disclaims and excludes any liability in respect of the contents or for action taken based on this information. Connected with this, robust customer and transaction documentation will help firms compare dispute claims with the records on hand. But effective fraud risk management is essential to firms wishing to stay at the forefront of the fight against financial crime. [proving intent can be elusive](https://www.nerdwallet.com/article/small-business/chargeback-fraud-what-small-businesses-need-to-know). Beyond this, some firms may feel compelled to blacklist merchants that receive too many chargebacks – or in some other way decline to do business with them, further impacting profits. Under the EFTA, a transaction does not count as unauthorized if the customer knowingly gave the third party access to their card or account. For bank and debit accounts, the Electronic Funds Transfer Act (EFTA) provides similar protections for unauthorized EFTs. If merchants have grounds to believe a chargeback was initiated for misleading or illegitimate reasons, they may The chargeback process is intended to protect customers from unauthorized or unfulfilled transactions. The consequences of fraudulent chargebacks can include unnecessary costs to firms, as well as enabling certain forms of illicit financial activity.

Four public officials were among a group of 12 people arrested Tuesday by Italian authorities in Naples who targeted a large-scale value-added tax fraud ...

A former Florida lawmaker pleaded guilty Tuesday to wire fraud, money laundering and making false statements in connection with Covid-19 relief fraud, ...

[controversial legislation](https://www.nytimes.com/2022/12/07/us/joe-harding-pandemic-aid-fraud.html) that banned certain instruction about sexual orientation and gender identity in the classroom that opponents dubbed the “Don’t Say Gay” law. The legislation officially named the “Parental Rights in Education” law, signed by Florida Republican Gov. The Justice Department’s Covid-19 Fraud Enforcement Task Force has brought several high-profile fraud cases across the country. Harding is as a person” at sentencing. Harding was elected to the Florida House of Representatives in 2020 and announced his resignation after he was charged in December. Peg O’Connor, an attorney for Harding, said in a statement that her client “made the best decision available to him under the circumstances to protect his family and his future.”

Joseph Harding, a 35-year-old Republican, pleaded guilty in Gainesville federal court to wire fraud, money laundering, and making false statements in connection ...

According to court documents, Harding made false statements to the Small Business Administration while applying for an Economic Injury Disaster Loan for one of his dormant business entities. He faces up to 35 years in prison at a hearing scheduled for July 25. After obtaining $150,000 in COVID-19 relief funds, prosecutors said Harding conducted three monetary transactions, each involving more than $10,000 in fraudulently obtained funds: a transfer to his joint bank account, a payment to his credit card, and a transfer into a bank account of a third-party business entity.

A former Florida state representative pleaded guilty Tuesday to fraudulently obtaining tens of thousands of dollars from a federal Covid-relief program.

[sponsored a measure](https://www.nbcnews.com/nbc-out/out-politics-and-policy/floridas-dont-say-gay-bill-actually-says-rcna19929) in the Florida House prohibiting “classroom discussion about sexual orientation or gender identity” in the state’s primary schools. The legislation, known to its critics as the "Don't Say Gay" bill, was signed into law by Republican Gov. Harding made the best decision available to him under the circumstances to protect his family and his future," Harding’s lawyer, Peg O’Connor, said in a statement Tuesday. Harding is as a person." "Mr. [sexual orientation and gender identity](https://www.nbcnews.com/nbc-out/out-politics-and-policy/florida-house-passes-dont-say-gay-bill-rcna17532) in the state's primary schools pleaded guilty Tuesday to [fraudulently obtaining](https://www.nbcnews.com/news/us-news/lawmaker-floridas-dont-say-gay-law-accused-covid-relief-fraud-rcna60676) tens of thousands of dollars from a federal Covid relief program.

GAINESVILLE, FLORIDA –Joseph Harding, 35, of Williston, Florida, plead guilty today to wire fraud, money laundering, and making false statements in ...

Joseph Harding, the former Florida representative who resigned in December after he was indicted on federal fraud charges, has taken a plea deal from the ...

Harding had just started his second term in the Florida House of Representatives when he was indicted. Harding faces a maximum term of 20 years in federal prison for the wire fraud charge alone. Sentencing is set for July 25 at 11 a.m. It will be up to a federal judge, however, to decide what sentence Harding will get. The rest of the counts against him will be dropped. He faces a maximum of 10 years in prison for money laundering and a maximum of five years in prison for false statements.