Where a defendant was convicted of health care fraud under 18 U.S.C. §1347, his two convictions and his 27-month sentence should be upheld because he has not demonstrated any reversible error in the lower court’s evidentiary rulings, nor was it clear error to apply a two-level enhancement for abusing a position of trust.
“Over four years, Chang Goo Yoon submitted more than a million dollars in false health insurance claims, resulting in his conviction on two counts of health care fraud under 18 U.S.C. § 1347. He now appeals certain evidentiary rulings and the application of two enhancements under the sentencing guidelines. We affirm. …
“Before trial, Yoon moved to exclude several pieces of evidence, two of which are relevant here. First, he sought to exclude ‘evidence regarding any investigation or adverse action by any private insurance companies’ against…
CLICK HERE to read the FULL Criminal – Health care fraud | Massachusetts Lawyers Weekly article.
THE TD BANK INSIDER “BRIBE-FOR-DATA” SCHEME (USA)
Date: February 17, 2026 Perpetrator: Edward Low (Former Bank Employee)
Case Description: In a high-profile case of “Insider Threat,” Edward Low, a former employee of TD Bank in New York, pleaded guilty in a New Jersey federal court to accepting bribes in exchange for confidential customer data. Between 2021 and 2022, Low leveraged his internal access to harvest the personal details of high-balance account holders. He then sold this “hot data” to external fraud syndicates for as little as $26,700 in personal kickbacks.
The external fraudsters used the information Low provided to conduct “Account Takeovers” (ATO), creating fraudulent checks and falsifying bank records to drain over $500,000 from unsuspecting customers. Low even went as far as helping co-conspirators open shell company accounts at a second financial institution where he was later employed. He now faces a maximum penalty of 30 years in prison. This case has sent shockwaves through the global banking sector, highlighting that even the most robust external firewalls cannot protect against a “rogue insider” with administrative credentials.
Link to Original: US Dept of Justice – TD Bank Insider Plea