COLUMBUS, Ohio — Lawmakers passed a bill that aims for tighter controls for the recipients and stricter penalties for those who commit Medicaid fraud.
While this was a hot-debated topic among both parties, lawmakers placed the bill on the fast track for a vote on the floor.
“We’ve preserved all the protections for folks who are on Medicaid today, and we’re going to cut down on waste,” State Rep. Brian Stewart, R, chairman of the House Finance Committee, said. “And I think to end up at the end of this process with a unanimous bipartisan vote in committee is pretty noteworthy.”
But not everyone was on board during the House’s vote.
While the bill received bipartisan support, 85 lawmakers voted in favor while 10 voted against it.
“A lot of the people that came in and said we’re concerned about this bill, they also said, ‘I’ve been defrauded as a recipient,’” Stewart said. “So, there’s…
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