FraudCast


Welcome to the Pondera FraudCast, where we post information on fraud trends, lessons learned from client engagements, and observations from our investigators in the field. We hope you’ll check back often to stay current with our efforts to combat fraud, waste, and abuse in large government programs.

Ambulette Fraud

Ambulette Fraud

By Jon Coss, CEO

March 28, 2018

“Ambulette” is a term to describe the vans and cars that transport Medicaid patients to non-emergency appointments. Despite the presence of ambulettes, millions of Americans continue to miss medical appointments each year because of transportation problems. One possible answer to this problem? Rideshare companies like Uber and Lyft who sign agreements with hospitals and medical […]

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An “Amazing” Contributor to the Nation’s Opioid Crisis

An “Amazing” Contributor to the Nation’s Opioid Crisis

By Jon Coss, CEO

February 26, 2018

The Sacramento Bee, my local newspaper, reported this week on an area doctor, a seemingly successful cardiologist and graduate of Northwestern’s medical school, who plead guilty and was sentenced to 52 months for illegally prescribing opioids. After reading about Doctor Capos’s crimes, 52 months seems grossly inadequate. The sentencing judge agreed, despite acknowledging the doctor’s […]

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A New Way to Rip Off the Taxpayer

A New Way to Rip Off the Taxpayer

By Jon Coss, CEO

February 23, 2018

I often mention how “impressed” I am by the ingenuity of fraudsters and their ability to find new and creative ways to steal money. And now, with the country starting to pay attention to the opioid crisis, comes word of one of these fraud innovations. This time, fraud (and to be fair, often just massive […]

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Jackpotting Comes to the U.S.

Jackpotting Comes to the U.S.

By Jon Coss, CEO

We’ve written several times about skimmers, devices that thieves place into gas pumps, ATMs, and other machines to steal personal and financial information from unsuspecting patrons. Now, it seems that a form of skimming, called “jackpotting” is making its way from Europe and Asia to the states. The aptly named jackpotting, like skimming, uses a […]

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How Startups Benefit Government

How Startups Benefit Government

By Jon Coss, CEO

January 31, 2018

What a delight it was to read a commentary in Government Technology magazine by Rebecca Woodbury, a Senior Management Analyst with the city of San Rafael, California. In the article, Rebecca recounts her experiences working with technology startups and the benefits to the city of moving beyond a small set of traditional providers. Rebecca argues […]

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Nigerian Email Fraud

Nigerian Email Fraud

By Jon Coss, CEO

January 18, 2018

In December, a 67-year-old Louisiana man was charged with 269 counts of money laundering for serving as a middle man in a Nigerian Internet scam. These scams, which everyone with an email account has encountered, promise large sums of money from inheritance or from a “prince” trying to leave the country in exchange for your […]

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Skimmer Fraud

Skimmer Fraud

By Jon Coss, CEO

January 8, 2018

I read with great interest a recent article about card skimmers that were found at “The Stop and Shop” gas station where I often fill up my tank. While they were discovered relatively quickly, more than a dozen customers were scammed. Several of them had their entire bank accounts wiped out. Skimmers, for those of […]

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Social Security Fraudster Captured in Honduras

Social Security Fraudster Captured in Honduras

By Jon Coss, CEO

December 13, 2017

Several months ago, we wrote a post about the self-proclaimed “Mr. Social Security”, Kentucky attorney Eric Conn, who fled prosecutors in the face of a 12-year prison sentence. Conn had concocted a scheme where he bribed a judge and a psychologist to defraud the Social Security Administration out of $550 million. The colorful Mr. Conn […]

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The Booming Armored Car Industry

The Booming Armored Car Industry

By Jon Coss, CEO

November 22, 2017

At a time when people are replacing credit cards and ATMs with their smart phones, it seems that California is recommending increased use of armored cars. The reason? On January 1st, recreational marijuana will be legal in California but still illegal at the federal level requiring marijuana business to pay their sales taxes in cash. […]

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Student Loan Fraud

Student Loan Fraud

By Jon Coss, CEO

November 16, 2017

Anyone who has recently attended college or has a family member in college likely has some familiarity with student loans. In fact, 40 million Americans currently have student loans totaling an astounding $1.2 trillion dollars. Many of those who have applied for loans have been victimized by methods such as “advanced fee scams” that promise […]

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