Stephen J. Dorfman, accused by the Federal Trade Commission of operating a fraudulent health insurance agency between 2012 and 2018, faces a big new problem: Now he's charged, along with two of his top executives, with multiple courts of federal criminal wire and mail fraud. Prosecutors want it all: the Rolls, Range Rover, $1 million in jewelry, whatever's left in 20 bank accounts, the land in Las Vegas, and even that 1926 picture of the monkey riding the dog at the old Hialeah Park Race Track.
A federal grand jury in an East St. Louis courtroom on Wednesday indicted a pair of Florida businessmen in a health insurance scheme that generated more than $190 million in revenue for their company.
The ripple effects continue from the Supreme Court's holding in AMG Capital Management, LLC v. FTC, explaining that Section 13(b) of the FTC Act does not allow (and never did allow) monetary remedies.
The ripple effects continue from the Supreme Court’s holding in AMG Capital Management, LLC v. FTC, explaining that Section 13(b) of the FTC Act does not allow (and never did allow).