Icon (Close Menu)

Logout

fraud

Banking & Finance / Technology

Reading The Future: Banking (40 Years of Arkansas Business)

Susannah Marshall, Arkansas bank commissioner, believes banking consolidation will still be on the scene in the future but not to the same historic extent. read more >
Health Care / Industry / Insurance / Legal

Hyatt May Face 200 Lawsuits by Ex-Patients

Dr. Brian Hyatt, the former chair of the Arkansas State Medical Board, is facing 102 lawsuits from former patients, and attorneys anticipate filing another 100 cases against him. read more >
Banking & Finance / Government & Politics / Industry / Investments

The Fraud Just Keeps Happening (Gwen Moritz Commentary)

Organizations lose 5% of revenue to fraud every year — a figure that has remained stubbornly stable. read more >
Banking & Finance / Legal / Small Business

Little Rock Businesswoman Fraudulently Collected $2.1M in Pandemic Loans, Indictment Says

Authorities said Chandler Wilson Carroll spent the money on a house, two vehicles and jewelry. read more >
Investments / Legal

John Nock Sentenced to 20 Years for Investment Fraud, Money Laundering

The case revolved around the Brittingham Group, which Nock founded and which promised returns as high as 300% within 20 to 30 days. read more >
Health Care / Insurance / Legal

Dr. Brian Hyatt’s Trial Date Set for SeptemberLock Icon

A jury trial has been set to commence Sept. 17 in the criminal case of Dr. Brian Hyatt, the former chair of the state Medical Board. read more >
Health Care / Insurance / Legal

Rogers Businessman Sentenced to 4 Years for Medical Billing Fraud

The company billed insurers at markups of anywhere from 15 to 20 times what medications actually cost, and then paid physicians unlawful kickbacks on amounts collected. read more >
Real Estate / Technology

AI-Driven Real Estate Fraud Emerges in Arkansas

Real estate fraud, driven by AI in seller impersonation schemes, causes financial losses, highlighting the need for title insurance to protect against such manipulation. read more >
Legal / Small Business

2 Arkansans Charged With Defrauding COVID Loan Programs

Authorities said they knowingly submitted applications that contained false information on revenue, monthly payroll and number of employees. read more >
Health Care / Insurance / Legal

Former Arkansas Medical Board Chair Brian Hyatt Arrested for Medicaid Fraud

He's accused of billing for patients he didn't see or had spent little time with. read more >
Government & Politics / Legal / Small Business

Bentonville Man Pleads Guilty to Defrauding Pandemic Loan Programs

Tyler Keith Penix, 37, fraudulently obtained a total of $16.5 million in federal stimulus funds for himself and more than a dozen other purported business owners. read more >
Legal / Small Business

Cases of Check Fraud Escalate Dramatically, with Americans Warned Not to Mail Checks

Banks issued roughly 680,000 reports of check fraud to the Financial Crimes Enforcement Network, also known as FinCEN, last year. That's up from 350,000 reports in 2021. read more >
Health Care / Insurance / Legal

Lab Owner Gets 15-Year Prison Sentence for $134M Medicare Scheme

Authorities say Billy Joe Taylor of Lavaca used the money to fund a lavish lifestyle, purchasing luxury automobiles including a Rolls Royce. read more >
Jeremy Hutchinson
Government & Politics / Legal

Jeremy Hutchinson Sentenced to 46 Months in Prison

He was also ordered to pay restitution amounts of $224,497 to the state and $131,038 to the IRS. read more >
Jeremy Hutchinson
Government & Politics / Legal

Jeremy Hutchinson to be Sentenced for Tax Fraud

More than three years after pleading guilty, the former Republican state senator has a sentencing date. read more >
Banking & Finance / Legal

FTX’s Sam Bankman-Fried Charged by US for ‘Scheme’ to Defraud

Bankman-Fried was arrested Monday by Bahamian authorities at the request of the U.S. government, which charged him with eight criminal violations. read more >
Government & Politics / Legal

House Panel Says Lax Screening Helped Facilitate Pandemic Loan Fraud

Financial technology firms used questionable procedures and business practices that resulted in "the needless loss of taxpayer dollars." read more >
FTX cryptocurrency exchange
Banking & Finance

FTX Lawyer: ‘Substantial Amount’ of Assets Stolen

The admission came during FTX's first court appearance since the company filed for bankruptcy protection on Nov. 11. read more >
Banking & Finance / Government & Politics / Legal / Small Business

Ringleaders in Massive COVID Fraud Extradited to US

Richard Ayvazyan and his wife, Marietta Terabelian, were extradited from the Balkan country of Montenegro, where they were living in a luxury seaside villa before their arrest in February. read more >
Gilbert Baker
Government & Politics / Legal

Prosecutors Ask to Drop Charges Against Gilbert Baker

He was set to go on trial Nov. 8. read more >