State lawmakers are calling for stronger efforts to investigate fraud and abuse in North Carolina’s Medicaid system. A state House committee held a nearly three-hour hearing Thursday on the topic, questioning Attorney General Jeff Jackson and Health and Human Services Secretary Dev Sangvai.
Rep. Grant Campbell, R-Cabarrus, says his staff found several examples of suspicious billing from Medicaid providers. One appeared to be headquartered in an abandoned storefront, and another reported high travel expenses and cash withdrawals.
“Rooting out waste, fraud and abuse isn’t just a fiscal issue, it is a moral one,” Campbell said. “Every dollar misused is a dollar not spent on a child with autism, a senior needing care or a patient waiting for treatment. … We keep talking about how we have no money to look into this, and we had two staffers with Google and an Excel sheet in less than two…
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