United States Bankruptcy Judge Brendan Shannon signed off on Takata’s restructuring plan. The judge’s order clears the way for Key Safety Systems to purchase Takata’s airbag business free and clear of all claims of injuries and economic losses tied to the faulty airbags. As part of Takata’s bankruptcy restructuring plan, Takata hoped to sell its […]
Frontier Communications Fraud – “The Wells Fargo of the Internet?”
Frontier Communications has transitioned from a rural telephone provider to today being the 4th largest provider of digital subscriber line in the U.S. The company also offers Internet and digital TV service. In recently unsealed whistleblower complaint, a Frontier subsidiary is accused of defrauding taxpayers. An insider tells us that company is cheating on taxes […]
CHIROPRACTIC SERVICES FRAUD – Medicare / Medicaid
Chiropractic Medicare Fraud [Post updated May 2020] Chiropractors provide an important service for millions of patients. For many, they are the last hope to avoid costly and painful surgery. Like all healthcare professionals, they have their share of bad apples. Unfortunately, Medicare’s Office of Inspector General says that Medicare fraud involving chiropractors is on the […]
Small Business Set Asides & Minority Businesses & GSA’s Alliant 2
The U.S. General Services Administration is spending money on information technology. Lots of money! As the nation still reels from Russian election meddling and North Korean hacking scandals, Uncle Sam wants to modernize its IT infrastructure. Over the next 10 years, the GSA has invited 81 small businesses to participate in $15 billion of government […]
Money Laundering, Drug Trafficking & Whistleblower Awards…
[Post updated June 2021] The title of this post “Money Laundering, Drug Trafficking & Whistleblower Awards” sounds like a John le Carre´ novel. When we mention the story involves Mexican drug cartels, one can also easily see a James Bond movie adaptation. It is a real-life story, however, and involves the U.S. subsidiary of Rabobank […]
Cobalt International Energy Out of the Woods? (FCPA Whistleblower Post)
Cobalt International Energy is a petroleum exploration and production company based in Houston. Despite its U.S. roots, it has interests in the west coast of Africa. Gabon and Angola to be precise. Several years ago, the company announced it had discovered oil offshore of Angola. What should have been cause for celebration wasn’t. Cobalt faced […]
Takata Airbag Bankruptcy Update | Airbag Injury Lawyers
[Updated 2021] Takata sold defective airbags for years. We believe the Japanese airbag supplier knew its products were defective at least as early as 2002 or 2004. There is evidence that they falsified test data and discussed how to cover their tracks. The right thing to do would have to alert regulators and dealers and […]
Anatomy of a Ponzi Scheme – BitConnect Scam Post
A class action lawsuit filed against several promoters details the sudden rise and fall of BitConnect. If the cryptocurrency start up’s figures are correct, almost $2.5 billion of investor monies was wiped out in just a few hours. The meteoric rise and subsequent crash of BitConnect highlights the dangers in cryptocurrency investing. Earlier this week, […]
Consumers Weigh in On Takata Airbag Scandal – Airbag Injury Post
Fortune magazine calls the Takata airbag recall a “full blown crisis.” Newsweek said in November of 2017 that the recall was “going dangerously slow” and that millions of Americans are still driving potentially “lethal” vehicles. There is no shortage of media outlets claiming the largest recall in automotive history is not going well. We say […]
Til Death Do Us Part – NY Estate Tax Evasion Whistleblower Post
One of the things that make this nation special is our belief in the American dream. That dream is part of our national ethos. Anyone can work hard and achieve greatness. In the Declaration of Independence we find the words, “We hold these truths to be self-evident, that all men are created equal, that they […]
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