$195m fine for sham insurance peddler

Originally published at: https://boingboing.net/2024/02/19/ftc-wins-195m-judgment-against-simple-health-and-ceo-steven-j-dorfman-over-sham-insurance.html

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In some places this would result in felony charges and jail time.

But not in the USA - where fraud and theft have different definitions.

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I dunno, that sounds like healthcare insurance in America to me. Except cheaper.

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This is a perfect description of dental and vision “insurance” in America!

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Pierce the corporate veil. With a claymore.

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Which type? Although for dealing with the board of a place like this, it’s a good candidate for “why not both”

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