False Claims Act Update & Alert
Taxpayers Against Fraud Education Fund | Washington, D.C. | WWW.TAF.ORG January  23, 2007
		Sign Up for this FREE Newsletter n Previous Newsletters n TAF Home Page n About TAF-EF n The False Claims Act n Email editor n To unsubscribe send email with "unsubscribe" in subject line.   Please take a moment to forward this FREE electronic newsletter to others that might be interested!	BLX Fraud Story Unfolds Nineteen Business Loan Express (BLX) officials have been indicted for defrauding the Small Business Association out of almost $77 million in guaranteed loans, and the company is now under a withering crossfire of federal investigations initiated by the SEC, SBA, Dept. of Agriculture, and at least one US Attorney's office. >> To read more
			"Ghost-Posting" in Bosnia An FCA lawsuit has been filed against ITT Corp., alleging the company failed to supply the required number of armed guards in Bosnia.   >> To read more
			Flood Insurance Fraud Travelers Insurance and EDS have agreed to pay $2.85 million to settle a False Claims Act lawsuit which alleged the company paid claims knowing those losses were not covered by National Flood Insurance Program policies. >> To read more
			Phoenix Seeks Supreme Help The University of Phoenix, a subsidiary of Apollo Group, has asked the U.S. Supreme Court to review a Ninth Circuit Court of Appeals decision which reinstated a False Claims Act case against the University.   >> To read more
			IL Intervenes in Imaging Cases Illinois Attorney General Lisa Madigan has intervened in support of a whistle-blower lawsuit alleging that 19 Chicago-area diagnostic centers paid kickbacks for patient referrals. The kickbacks were given to doctors in the form of inflated lease agreements. Though only 11 companies were named in the lawsuit, the Illinois Attorney General's office thinks the scheme stretches across the country. >> To read more