The US state of Montana has issued a cease and desist order against Ethereum-based investment scheme Forsage, calling it a Pyramid scheme. In the order issued last week, the state regulator said that it has received multiple complaints from the state residents about the scheme, which is violating the Montana Securities Act. Forsage, which runs as … Read more
The Montana state securities regulator has issued a cease and desist order against an alleged digital currency pyramid scheme. Commissioner of Securities and Insurance (CSI), Montana State Auditor Troy Downing said the scam has been operating from the Philippines but targeting U.S. residents. The state regulator has received multiple complaints from Montana residents regarding Forsage, … Read more
Montana State Auditor and Insurance Commissioner Troy Downing has been working closely with the Montana Legislature to bring much needed limits on Pharmacy Benefit Managers and how they greatly add to consumer prescription costs. Downing spoke to KGVO News on Tuesday and described the issue. “I was talking to somebody over at Blue Cross who … Read more
Daily Inter Lake The Montana Office of the Commissioner of Securities and Insurance has filed criminal charges against Mark Anthony Biegler, alleging four counts of criminal insurance fraud and five counts of theft of insurance premium. Biegler is alleged to have committed insurance fraud and theft of premium against Montana businesses in Fairfield, Whitehall, Helena, … Read more
The Office of the Commissioner of Securities and Insurance has filed criminal charges against Mark Anthony Biegler, alleging four counts of criminal insurance fraud and five counts of theft of insurance premiums. All nine counts are felonies. Each felony count carries a potential penalty of a fine not to exceed $50,000 or imprisonment in the … Read more
Seaborn Larson A defense attorney from Missoula is on the hook for all the costs of a nine-day trial in Libby after the state district court judge ruled the attorney had intentionally caused delays that led to a mistrial. Lincoln County District Court Judge Matthew Cuffe issued the order Friday, the ninth and last day … Read more
By KEVIN TREVELLYAN • JAN 21, 2021 A Montana state lawmaker today introduced a bill that would formalize a patient’s ability to directly pay a doctor for care without insurance. Similar bills have been vetoed in the past. Republican Sen. Cary Smith of Billings told the Senate Business, Labor and Economic Affairs Committee that direct patient care lowers … Read more
BY JAMES BRADLEY (LEGISLATIVE NEWS SERVICE) REP. RON MARSHALL, R-HAMILTON, READS HOUSE BILL 64. IF PASSED, WHISTLEBLOWERS COULD RECEIVE UP TO 30% OF ALL FINES AND FEES ASSOCIATED WITH A FRAUD CASE AGAINST THEIR COMPANY. (JAMES BRADLEY/ UM LEGISLATIVE NEWS SERVICE) HELENA – Members of the House Business and Labor Committee heard testimony Monday about … Read more