Word: fraud
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Bush has proposed a hefty cut to Medicaid, the federal program that spends $199 billion a year on health-care subsidies for those with little or no income. He claims he can shave off $60 billion over 10 years by closing loopholes in the fraud-ridden system, but independent analysts say the reduction is so large that states will be forced to cut medical benefits for the poor...
...Agricultural Research (INRA) has developed a DNA analysis to distinguish French fungi from the Chinese ones without a taste test. Although French regulations call for a truffle's origins to be clearly marked, truffle experts say many vendors either ignore the rules or engage in outright mislabeling. France's fraud-control directorate now carries out random DNA testing to flush out bogus-truffle dealers. Anyone caught intending to deceive the consumer with a Chinese truffle may be fined $1,300. Still, there are few inspectors and many truffles. "If the consumer is properly informed that they are eating a Chinese...
RICHARD SCRUSHY, former HealthSouth CEO, to an aide two years ago referring to what would happen if the company's financial statements were made public, according to a secretly recorded tape played at Scrushy's fraud trial...
...army has launched a fraud investigation into the mysterious disappearance of an American contractor in Iraq and the killing of a co-worker shortly afterward, Defense officials tell TIME. On Oct. 9, 2003, Kirk von Ackermann, 37, was driving alone in northern Iraq when he pulled off the road with a flat tire and phoned the Kirkuk office of his employer--Ultra Services, based in Winters, Calif.--for help. A colleague arrived and found the car but not Von Ackermann. There were no bloodstains or bullet holes in the vehicle. And Von Ackermann didn't seem to be the victim...
Ultra Services executives couldn't be reached for comment, and it's unclear whether the construction firm is still in business. Suspecting that Von Ackermann and Manelick weren't the victims of random violence, the investigative command turned the cases over to its Major Procurement Fraud Unit. Spokesman Chris Grey says the probe has been slowed because of the "complexities of this case" and the difficulties of collecting evidence in a war zone. --By Douglas Waller