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Shillington, Pennsylvania Family Law and Estate Planning Blog

What business owners should do when accused of fraud in Oklahoma

Posted by Rob Levengood | Aug 25, 2020 | 0 Comments

A former painkiller addict who launched a drug rehabilitation treatment center in Pennsylvania has been arrested and sentenced to three years in prison. He must also pay $9 million to compensate for the money that was stolen through fraud. After pleading guilty to fraud and money laundering in August 2019, Oklahoma residents might be interested to know that he was sentenced a year later in August 2020.

The drug treatment center served a large population of clients, who were subjected to poor treatment and pointless, repetitive drug testing. The man admitted to taking out illegal insurance policies on his patients so he could make money off the drug testing. He also received kickbacks from drug testing labs.

Once the man is released, he'll have to serve three years of probation. He also forfeited hundreds of thousands of dollars that he earned from his illegal white collar fraud dealings. The drug treatment center that he founded has been shut down.

How business owners can proceed when accused of fraud

If an individual finds themselves accused of white collar fraud, they might wish to speak with an attorney who might be able to help them defend themselves in court. Accusations of white collar fraud may include allegations of embezzlement, bribery, illegal gambling, money laundering, racketeering, and more. An accusation of fraud has the potential to ruin one's reputation and cause them to lose their business or social standing.

Working with an attorney, a client might be able to gather evidence, build a case, and defend themselves in court against accusations of fraud. An attorney might be able to help them avoid harsh penalties like fines or jail time. Additionally, an attorney might be able to answer their questions and help them figure out the best way to proceed in this situation. When they hire an attorney, a client has the potential to defeat false accusations in court.

About the Author

Rob Levengood



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