Consumer Fraud Articles
Toyota agrees to settle unintended acceleration lawsuits for $1.1 billion
Toyota Motor Corp. has agreed to pay $1.1 billion to settle class-action lawsuits related to sudden and unintentional acceleration in some of its vehicles. If approved, the settlement would be one of the largest in automotive history.
Small Key West pharmacy exposes billions in health care fraud
A small pharmacy in the Florida Keys earned the distinction of being the top whistleblower in the country for its role in exposing prescription drug fraud that costs state and federal governments billions of dollars in taxpayer funds.
Healthcare fraud crackdown leads to 91 criminal charges involving $430 million
Another U.S. government crackdown on Medicare and Medicaid fraud resulted in the criminal charges against 91 health care professionals, including several doctors and nurses, for allegedly cheating the federal programs out of $430 million. The latest sweep was similar in
Government cracks down on Medicare fraud
Nearly 100 doctors, nurses and other medical professionals in seven cities across the country were criminally charged with fraudulently billing Medicare for a total of $452 million. It was the second major sweep made this year by government officials in
Drug companies pay billions to settle fraud, illegal marketing claims
More than $30 billion has been collected by federal and state prosecutors from drug companies for alleged fraud and illegal marketing over the past two decades, with the majority of those fines collected since 2009, according to a new report
Fraud settlements with drug companies amount to big return for Mississippi taxpayers
Mississippi Attorney General Jim Hood handed state lawmakers a check for more than $35 million in funds recovered by his office mainly from several cases of health care fraud committed by big-name pharmaceutical companies.
FDA warns online pharmaceutical shoppers to beware of bogus FDA agents
The Food and Drug Administration (FDA) is warning consumers who purchase medications online that they maybe become targets for criminals posing as FDA agents. These bogus “agents” are getting personal information and using it to scare consumers into thinking they
Lawsuit filed against drug maker for violating consumer protection laws
Arizona has filed a lawsuit against McKesson Corp, the nation’s largest drug wholesaler, claiming the company violated state consumer protection laws by artificially inflating the prices of more than 400 brand-name prescription drugs, including Allegra, Celebrex, Coumadin, Flonase, Lipitor and
FDA warns L’Oreal, Lancome to tone down claims for skin products
The Food and Drug Administration (FDA) is cracking down on the world’s largest cosmetics maker, telling it to tone down claims on its anti-aging creams or apply for approval through the drug review process. The agency sent a letter to
