A federal grand jury in Dallas, Texas, returned an indictment yesterday charging a Texas businessman for his function in a very yearslong plan involving at least five publicly traded businesses.
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Senator Elizabeth Warren mentioned Tuesday that although “violence isn't The solution,” the outrage directed at wellbeing insurers once the lethal taking pictures of UnitedHealthcare CEO Brian Thompson need to be “a warning” into the health care industry that “individuals may be pushed only up to now.”
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“Lindberg’s elaborate network of investments, insurance firms, and monetary specials was made to exploit the insurance process and drain hundreds of thousands from policyholders to enrich himself at the public’s price,” said Specific Agent in Charge Robert M.
Lindberg and his co-conspirators brought about providers he managed to speculate more than $2 billion in loans as well as other securities with his personal affiliated businesses and laundered the proceeds with the scheme. As set forth inside the indictment, Lindberg directed the scheme and personally benefitted from your fraud partly by “forgiving” a lot more than $one hundred twenty five million in loans to himself within the insurance companies that he controlled.
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Far more insurance companies are making use of AI to critique statements and problem denials, which isn't noticeable to customers. The change to AI-centered critiques has sparked lawsuits in opposition to insurers, with UnitedHealthcare sued final yr from the family members of two now-deceased prospects who alleged the insurance provider knowingly utilized a faulty algorithm to deny aged individuals coverage for prolonged treatment deemed required by their Physicians.
A sentencing date has not nevertheless been set. A federal district courtroom judge will figure out Lindberg’s sentence in the two situations just after considering the U.S. annuities Sentencing Recommendations and also other statutory things in Each and every circumstance. Lindberg was remanded into the custody from the U.S. Marshals.
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