Minnesota lawmakers are moving forward with a bipartisan plan to crack down on Medicaid fraud, just one day after the federal government deferred millions of dollars in Medicaid funding to the state.
RELATED: Federal government freezes another $91M in Minnesota Medicaid funding over fraud concerns
The Medical Assistance Protection Act, known as the MAP Act, is advancing in both chambers. The Senate version of the bill is headed to the Senate floor after passing the Minnesota Senate Finance Committee on Friday. Meanwhile, the House version is expected to clear its final stop in the Ways and Means Committee on Monday.
Representative Matt Norris (DFL-Blaine), a co?author of the House bill, said the goal is simple: protect taxpayer dollars and stop increasingly complex fraud schemes targeting Minnesota’s Medicaid programs.
“To the fraudsters, stop. Don’t even think about it. You will be…
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