Roche Diagnostics and Humana settle $12.5 million Medicare fraud lawsuit

INDIANAPOLIS STAR

Roche, an Indianapolis-based medical supply company, and Humana, a Louisville-based health insurer, paid $12.5 million to settle a lawsuit after a whistleblower accused them of defrauding a government insurance program, according to a news release. read more »

How the rich got richer: Reddit trading frenzy benefited Wall Street elite

WASHINGTON POST

Last month’s GameStop trading mania was sparked by members of a popular Reddit investing community who said they hoped to strike back at the Wall Street elites who had long dismissed them as dumb money. But growing evidence casts doubt on the idea that the episode mostly benefited small-time investors. read more »

Consulting giant McKinsey allegedly fed the opioid crisis. Now an affiliate may profit from treating addicts.

NBC NEWS

McKinsey & Co., the global consulting giant, agreed to pay nearly $600 million last week to settle allegations by 49 states that its work for large opioid manufacturers helped "turbocharge" sales of the drugs, contributing to an addiction epidemic that rocked the country and has caused more than 400,000 deaths. read more »

Luxembourg fund industry is a $5.4 trillion 'black box', investigation says

REUTERS

Luxembourg’s investment fund industry is a financial “black box” that helps people launder illicit money and avoid tax, according to an investigation published on Monday whose findings were rejected by the EU nation. read more »