Word: frauds
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Dates: during 1990-1999
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...clubs, malls and nursing homes throughout Southern California. The mobile medical labs offered that great American come-on, something for nothing -- in this case, free medical exams. But last week the ubiquitous vans became a symbol of a disease contributing to the exploding cost of U.S. health care: insurance fraud. A Los Angeles grand jury returned a 175-count indictment against brothers Michael and David Smushkevich, along with 10 others, charging that they used the freebie checkups to submit $1 billion in fake claims. All told, they allegedly collected more than $50 million in what may be the biggest scam...
...United Arab Emirates, found himself last week at the center of the largest global banking scandal ever. As the most recent owner of the notoriously corrupt Bank of Credit & Commerce International, which regulators closed earlier this month, Zayed has become the unwitting goat for nearly two decades of alleged fraud by the bank's Pakistan-based managers and for years of neglect by banking authorities around the world. After investing $1 billion to shore up B.C.C.I. since he acquired it last year, Zayed faces the humiliation of losing control of the bank, and the moral -- if not legal -- responsibility...
...possible treason, corruption and abuse of power. But court inquiries have been hampered by a shortage of investigators, legal questions about what exactly constituted crime in the east, and missing evidence. Alexander Schalck- Golodkowski, 58, formerly in charge of the foreign-exchange procurement agency, is being probed for fraud in the disappearance of $13 billion in East German government funds. Prosecutors have been stymied because a ton of files were hastily shredded after Schalck-Golodkowski fled to the West in 1989 to escape arrest by East German reformers. From a lakeside villa in Bavaria, he now complains that...
...Federal Trade Commission has cracked down on a handful of infomercials for unsubstantiated claims, misrepresentation or outright fraud. One was the EuroTrym Diet Patch, an adhesive disk that attached to the skin and was supposed to curb the appetite. (It didn't.) The producer was slapped with a $1.5 million fine for making false claims for the device, as well as for two other products, Y-Bron, an impotence remedy, and Foliplexx, a treatment for baldness. At least six more infomercials are currently under investigation. "People are mesmerized by TV," says Barry Cutler, director of the FTC's Bureau...
...article for the Post, George Lardner Jr., who covered the Shaw trial and now specializes in national-security issues, called Garrison's investigation "a fraud" and attacked the script for such dubious scenes as one in which Ferrie is murdered by two mysterious figures who force medicine down his throat. (The New Orleans coroner ruled that Ferrie died of natural causes, though two apparent suicide notes were found.) Lardner also ridiculed the film's attempt to explain away Garrison's botched prosecution of Shaw by inventing a Garrison aide who turns out to be a mole for the Feds aiming...