January 26, 2011
Assistant Attorney Generals Tony West and Lanny Breuer appear before the Judiciary Committee with a recap of funds recovered on behalf of the taxpayer in 2010. You can read the full statement here.
Needless to say, Church Street Health Management f/k/a FORBA Holdings and their Small Smiles dental clinics settlement came up in the statement. It was one year ago this month that Small Smiles settled an investigation which began in late 2007 with the Feds for $24 million, as well as settled with the state of NY for another $2 million.
Watch full session here, session begins at 28 minutes in, so move slider bar forward.
Senator Leahy says he wants to see these people go to jail, he compares it to a person who steals a car, who goes to jail.
Senator Grassley wants answers about settlements, who agreed to them and if they are nothing more than the cost of doing business.
Me too, Senator Grassley, me too!
Mr. West said when it comes to Corporate Fraud, they wanted to make it a financial deterrent for corporations committing fraud.
Sen. Leahy wanted to know what was being done to put them in jail!
