Two firms have announced separate investigations into possible claims of wrongdoing against officers and directors of a specialty finance company that proves premium financing of insurers’ individual life insurance policies.

A Marion, Ill., man was sentenced to five years in federal prison for scheming investors out of more than $750,000.

John Robert Hoole, 60, solicited money from investors by promising that …  Read →

National health insurer WellCare Health Plans has resolved a federal and state investigation into alleged Medicaid fraud.

The insurer said as part of the agreement with the U.S. Attorney’s Office and …  Read →