Feds say Russian/Armenian mob’s fraud ring busted

first_imgAttorneys for the other defendants did not return phone calls seeking comment. Court records provide the following details about the case: Between 1997 and 2005, the group hired doctors to work at their clinics so they could legitimately enroll in the Medicare program. They then hired recruiters to fan out across the state and pay patients with Medicare benefits to come to the clinics and submit to unnecessary medical procedures. The suspects allegedly concealed the source of their incomes by funneling the money through a maze of “management” and “consulting” firms, wiring the money to Armenian and Swiss bank accounts, and buying residential and commercial real estate. The case grew out of excerpts from a recording made by a cooperating witness in an FBI investigation in 2000 and 2001. jason.kandel@dailynews.com (818) 546-3306160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREOregon Ducks football players get stuck on Disney ride during Rose Bowl eventThe Grigoryans and Gershelis have been in federal custody since their March 21 arrests. Gulderyan and Treynker have been released on bond. The five suspects are scheduled to appear in court June 13. They were indicted Thursday. In court documents, Searby wrote that the case is connected to Russian-Armenian organized crime that gutted Medicare of more than $20 million using a network of clinics, paid kickbacks to marketers for patient referrals and billed Medicare for tests that were unnecessary or went undelivered. Gershelis’ parents were doctors in Ukraine, and he studied to be a dental technician in Russia, said his attorney, Jerome Mooney. Gershelis and his wife immigrated to the United States in 1994, where they became naturalized citizens and had a daughter. “Mr. Gershelis and his wife are hard-working people who established their roots in Los Angeles and learned the language,” Mooney said. “This is a very unfortunate circumstance.” Five members of a Russian-Armenian organized crime ring have been indicted in connection with a $20 million Medicare fraud conspiracy that operated out of clinics and labs in L.A., Glendale, Van Nuys and Pasadena, authorities said Monday. They have been charged with conspiracy, health care fraud, Medicare kickbacks, making false statements to Medicare and money laundering. “This case shows how criminal organizations seek to adapt over time to Medicare’s fraud-prevention efforts,” Assistant U.S. Attorney Bruce Searby said. “Here, the defendants were able to outrun the government for a while, but they did not count on the perseverance of Medicare administrators and federal agents whose job it is to protect this important program.” The group allegedly was led by Konstantin Grigoryan, 56, of Altadena, a former colonel in the Soviet army; his wife, Mayya Leonidovna Grigoryan, 54; the Grigoryans’ son-in-law, Eduard Gershelis, 34, of Los Angeles; Mayya Grigoryan’s brother-in-law, Aleksandr Treynker, 48, of Canoga Park; and Haroutyun Gulderyan, 36, of Tujunga. last_img read more

Enjoy The Wilmington Town Museums Summer Season

first_imgWILMINGTON, MA — Learn what’s happening at the Wilmington Town Museum (430 Salem Street) during its 2018 summer season.SUMMER LUNCH & GAMESFridays: July 13, July 20, July 27, August 3, August 10, noon to 2pmBring a picnic lunch to the Museum and enjoy old fashioned games like cup and ball, hoop roll, and ring toss. Free. Weather permitting.TOUR THE MUSEUMThursdays & Fridays in July & August, 10am to 2pmWhat was the original Harnden Tavern? Where is the legendary secret hiding space said to be used by runaway slaves? What was it like to live in this house 50, 100 or 200 years ago? What was Wilmington like then? Tour the Museum for a glimpse into the past — experience the house and Wilmington’s history.  Tours are also available by appointment.SUNDAY OPEN HOUSEJuly 8 & August 5, 2pm to 4pmA Wilmington tradition for 30 years! Visit the Town Museum on a relaxed Sunday afternoon — maybe you will see your neighbors there.(NOTE: The above information is from the Town Museum.)Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email wilmingtonapple@gmail.com.Share this:TwitterFacebookLike this:Like Loading… RelatedWilmington Town Museum Announces Summer Hours & ActivitiesIn “Community”Enjoy The Wilmington Town Museum’s Summer SeasonIn “Government”Enjoy The Wilmington Town Museum’s Summer Season — July 9 To August 7In “Community”last_img read more

Syngenta turns down China Chemical corps 42 billion purchase offer Bloomberg

first_imgChina National Chemical Corp is in talks to buy Switzerland’s Syngenta AG but its initial offer of nearly $42 billion for the world’s largest agrichemical company was rejected, Bloomberg said on Thursday.State-owned ChemChina’s first offer valued the agricultural chemicals group at 449 Swiss francs per share, or 41.7 billion Swiss francs ($41.72 billion), according to Bloomberg.Citing unidentified sources, it said the rejection stemmed from regulatory concerns. The two companies have not broken off talks and an agreement could still be reached in the next few weeks, Bloomberg said.Syngenta, under pressure to offer value to shareholders after turning down a big offer from Monsanto Co earlier this year, is also talking to other potential suitors, according to Bloomberg.U.S.-listed shares of Syngenta were up 14% at $79.22 in extended trading on Thursday.Syngenta and ChemChina could not immediately be reached for comment.Syngenta rejected Monsanto’s cash plus stock offer in August. The offer was worth about $47 billion and Syngenta said it “significantly undervalued the company.”At the time, some shareholders expressed disappointment over the spurned deal and questioned the company’s ability to improve its financial fortunes in a slumping commodity market.To appease shareholders, Syngenta announced plans in September to buy back more than $2 billion of stock, funding the measure by selling its vegetable seeds business.last_img read more