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Markets

Medicaid Prods States for Greater Scrutiny on Autism Therapy Spending

Medicaid is pressing state governments to tighten oversight of autism spectrum disorder therapies due to a dramatic five-fold increase in spending since 2021. This surge in expenditure, which far outpaces new diagnoses, has raised serious red flags concerning potential over-prescription of treatments and instances of fraudulent billing within the crucial health program, prompting a call for enhanced state-level monitoring.

8/5/2026
Markets

False Emergency Call Leads to Prison for Man Avoiding Car Payments

Nathan Owen received a significant prison sentence after a judge ruled his dramatic claim of a runaway Jaguar with failed brakes was a fabricated story. The elaborate hoax was designed to avoid car payments, but an investigation exposed the deception. His attempt to escape financial obligations ultimately led to a more than four-year incarceration.

8/5/2026
Markets

Federal Authorities Indict Nevada Doctor in $95 Million Healthcare Fraud Scheme

A Nevada wound care physician, Dr. Stephen Dubin, has been federally indicted for allegedly orchestrating a $95 million healthcare fraud. He stands accused of billing Medicare and private insurers for medically unnecessary, expensive 'skin substitute' treatments on elderly patients. Prosecutors contend Dubin used the substantial illicit profits to finance a lavish lifestyle, including acquiring multiple yachts, rather than genuine patient care.

8/5/2026
Markets

HFPA Alleges Fraud in Golden Globes Acquisition by Penske Media

The Hollywood Foreign Press Association (HFPA), the organization that formerly owned and operated the Golden Globe Awards, has initiated a lawsuit against Penske Media. The suit claims that Penske Media's acquisition of the Globes' assets was fraudulent. This legal challenge casts uncertainty over the new ownership structure established for the prestigious entertainment awards ceremony, which transitioned from HFPA stewardship in 2023.

7/30/2026