Whistleblower News: New Jersey Real Estate Development Firm And Four Executives Charged With $600M Ponzi-Like Fraud, ‘The Cash Monster Was Insatiable’ How Insurers Exploited Medicare For Billions, Zelle Accused Of 'Rampant' Fraud

New Jersey Real Estate Development Firm and Four Executives Charged With $600 Million Ponzi-like Fraud


The Securities and Exchange Commission today charged New Jersey-based National Realty Investment Advisors LLC (NRIA) and four of its former executives with running a Ponzi-like scheme that raised approximately $600 million from about 2,000 investors. read more »

‘The Cash Monster Was Insatiable’: How Insurers Exploited Medicare for Billions


By next year, half of Medicare beneficiaries will have a private Medicare Advantage plan. Most large insurers in the program have been accused in court of fraud. read more »

Zelle accused of 'rampant' fraud, little customer recourse


Zelle is advertised as "a fast and easy way to send and receive money." Well, maybe too easy, according to a new report from the Senate Banking Committee. It claims Zelle is "facilitating fraud." It goes on to say that fraud is "rampant" on the platform. read more »