Bitcoin ETFs Lose $290M as Cautious Sentiment Grows
Simply put Last week, Bitcoin ETFs saw net outflows totaling $290 million, with the $225.5 million drawn out on Friday being the largest single-day reduction. BlackRock’s IBIT fund alone lost $201.5 million on that same Friday, marking the most significant outflow for a single fund during the week. Financial flows turned negative as geopolitical tensions […]
CVS Caremark to pay $290M following Medicare fraud scheme revealed by ex-Aetna whistleblower
CVS Health’s Caremark Ordered to Pay $290 Million Over Medicare Overcharges A federal court has directed Caremark, the pharmacy benefits manager for CVS Health, to pay nearly $290 million due to allegations of overcharging Medicare for prescription drugs a decade ago. This came after Sarah Behnke, a former actuary at Aetna, accused Caremark of defrauding […]
CVS Health Ordered to Pay Almost $290M for Medicare Fraud
A federal judge has ordered CVS Health’s Caremark division to pay approximately $290 million after determining that the company overcharged Medicare for prescription drugs. Philadelphia’s Supreme Court Justice Mitchell Goldberg raised the initial damages from $95 million to about $285 million, adding a civil penalty of $4.87 million under the False Claims Act. Healthcare companies […]