Contact: Lexi Kranich (814) 380-4408
WASHINGTON, D.C.—As Republicans across America are homing in on fraud — especially in blue jurisdictions — Rep. Pat Harrigan (R., N.C.) is making sure that foreign fraud in the Foreign Medical Program (FRA) gets the attention it deserves as well.
Harrigan’s latest legislation, obtained exclusively by the Washington Reporter, is called the Foreign Medical Program Integrity and Improvement Act — and it comes after multiple warnings about abuse of the program, which has cost the Department of Veterans Affairs (VA) tens of millions of dollars.
In one instance, the Government Accountability Office (GAO) noted that VA claims in the FAO more than doubled to 160,000 in just a six year period, with a particular uptick in claims based in Panama. Multiple investigations found that a single Panamanian provider was part of a fraud scheme that bilked tens of…
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