$93 Million Health Care Savings Account Softwarec Company Fraud Yields 13- and 15-Year Terms

A press release from the U.S. Attorney’s Office: TWO FORMER CANOPY FINANCIAL CO-FOUNDERS SENTENCED TO 15 AND 13 YEARS IN PRISON FOR $75 MILLION INVESTMENT FRAUD AND RAIDING $18 MILLION FROM CUSTODIAL HEATH CARE EXPENSE ACCOUNTS OF 1,600 CUSTOMERS CHICAGO … Continue reading

$18 Million Looter of Health Care Expense Care Accounts Pleads Guilty

So you tell your employer to put some of your money in a health care expense (or salary reduction) account so you can pay medical bills with tax free money. You better hope that your employer didn’t hire an outfit … Continue reading