fraud
Arkansas Man Gets 16 Years in Prison for $16M Scheme to Defraud Pandemic Loan Programs
Tyler Keith Andrews of Russellville prepared and submitted dozens of fraudulent applications for the Paycheck Protection Program and the Economic Injury Disaster Loan program, authorities said. read more >
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 >
by George Waldon -
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 >
by Mark Friedman -
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 >
by Gwen Moritz -
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 >
by Scott Carroll -
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 >
Dr. Brian Hyatt’s Trial Date Set for September
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 >
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 >
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 >
by Lara Farrar -
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 >
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 >
by Mark Friedman -
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 >
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 >
by Mark Friedman -
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 to be Sentenced for Tax Fraud
More than three years after pleading guilty, the former Republican state senator has a sentencing date. read more >
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 >
Kade Holliday Sentenced to 57 Months for Stealing $1.58M
The former Craighead County clerk pleaded guilty to wire fraud. read more >
$10M Fraud Accusation Against Agricultural Equipment Dealer
A Wisconsin finance company filed suit against Venture Equipment LLC of Searcy. read more >
Ghost Herd Update in Tyson’s Q3 Report
Cody Easterday, a rancher from southeast Washington, pleaded guilty to defrauding the company of $233 million. read more >
Little Rock Lawyer Pleads Guilty in USDA Fraud Case
Authorities say he played a role in a scheme to defraud the agency of $11.5 million. read more >
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