Last week, FinCEN announced a historic $80 million penalty against Canaccord, LLC, a broker-dealer, for violations of the Bank Secrecy Act. The penalty is the largest ever imposed against a broker-dealer for BSA violations. This news is a ringing reminder to broker-dealers that despite the Bank Secrecy Act having “Bank” in its name, it applies […]

Fraud against the Medicare Advantage (MA) program, a privately-run alternative to traditional Medicare, has been in the news a lot recently. In January, Kaiser Permanente agreed to pay over $500 million to resolve allegations that it was defrauding the program, in a whistleblower case partially launched by our client, James Taylor. In February, HHS-OIG released […]

Last week, U.S. Senate Finance Committee Ranking Member Ron Wyden and Chairman Mike Crapo introduced the Taxpayer Assistance and Service Act, a bipartisan bill seeking to improve a wide range of Internal Revenue Service (IRS) procedures and administration. Among other notable reforms, the Act incorporates another rare piece of bipartisan legislation: The IRS Whistleblower Program Improvement […]