Health Plan’s Receiver Awarded $7.1M Default Judgment In Suit Over Fraudulent Transactions

Mealey's (December 4, 2020, 10:42 AM EST) -- ANDERSON, S.C. — The special deputy receiver of a multiple-employer self-insured health plan was awarded a $7.1 million default judgment on Nov. 30 by a South Carolina federal judge against parties accused of defrauding the health plan by entering into fraudulent transactions via letters of credit (LOCs) (Michael J. FitzGibbons v. Alton Atkinson, et al., No. 17-2092, D. S.C.)....