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“Today’s settlement demonstrates our unwavering commitment to protect the Medicaid program and the patients it serves from unscrupulous suppliers,” mentioned U.S. Legal professional Parker. “Providers who waste taxpayer dollars by billing for companies that were not provided, or were in any other case improper, might be held accountable.” U.S. Attorney Parker commended the Texas Medicaid Fraud Control Unit, the Civil Division of the Texas Lawyer General’s Workplace, the FBI and the Health and Human Providers Office of the Inspector Normal for his or her coordinated efforts to analyze and resolve these allegations.

I am sure you’ll be able to see what’s coming subsequent: The catastrophe began to unfold when WeWork filed its IPO paperwork publicly, disclosing a posh internet of companies that made up “We,” and other shady business practices. On high of all that, it turned out the company’s CEO, Adam Neumann, had performed questionable issues like buying buildings WeWork was based out of after which renting space to the corporate. Or trademarking the company’s model, and then licensing it for $5.9 million (he ultimately returned that cash, although).

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