Connect with us
DAPA Banner

Business

Dr. Oz warns ‘Russian mafia’ may be infiltrating hospices in key area of concern

Published

on

Dr. Oz warns 'Russian mafia' may be infiltrating hospices in key area of concern

Networks of foreign nationals may be linked to U.S. hospice fraud, Centers for Medicare & Medicaid Services Administrator Dr. Mehmet Oz warned Wednesday in a FOX Business special, pointing to one major city as a key area of concern.

“You have to ask yourself exactly how many people are actually dying in Los Angeles,” Oz told host David Asman.

Advertisement

“[There are] almost 2,000 hospices in LA County. We believe half of them could be fraudulent, and the reason for this is because Los Angeles and the state of California, who regulates these hospices, was tolerant.”

Oz continued, accusing state and local regulators of being “perfectly fine” with the issue. He then suggested who could be responsible.

FETTERMAN PRAISES FORMER SENATE OPPONENT DR OZ FOR ROOTING OUT MEDICAID FRAUD

Dr. Oz speaks at a podium

Centers for Medicare & Medicaid Services Administrator Mehmet Oz speaks during an announcement at the Department of Health and Human Services on Dec. 18, 2025 in Washington, DC.  (Alex Wong/Getty Images / Getty Images)

“We believe that many of them are created by the Russian mafia. In fact, when you try to bust these folks, sometimes foreign nationals run back to their own country,” he shared.

Advertisement

Such accusations have drawn ire from California Gov. Gavin Newsom’s office. 

Newsom spokesperson Izzy Gardon fired back in a statement to Fox News Digital earlier this month, writing, “While MAGA bloggers and idiots like Dr. Oz may have just discovered hospice fraud, California has been cracking down in this space for years.”

PHILADELPHIA MEN REPEATEDLY TRAVELED TO MINNEAPOLIS TO CARRY OUT $3.5M HOUSING FRAUD SCHEME: DOJ

California Governor Gavin Newsom gives speech

California Gov. Gavin Newsom speaks during a rally on Nov. 8, 2025, in Houston, Texas. Newsom’s office fired back at hospice fraud remarks made by the Trump administration. (Brandon Bell/Getty Images / Getty Images)

“In 2021, Governor Gavin Newsom signed a law banning ALL new hospice licenses. That moratorium is still in place, blocking bad actors from entering the system while the state tightens oversight of existing providers,” Gardon continued.

Advertisement

“Under the governor’s leadership, the state launched a multi-agency Hospice Fraud Task Force bringing together CDPH, CalHHS, DHCS, DSS and the California Department of Justice to make arrests, share intelligence, investigate fraud and coordinate enforcement.”

Gardon noted that more than 280 hospice licenses had been revoked in the last two years. Additionally, the Newsom spokesperson said 300 more providers were under investigation for potential revocation.

CVS CAREMARK ORDERED TO PAY $290M AFTER MEDICARE FRAUD SCHEME EXPOSED BY FORMER AETNA WHISTLEBLOWER

Dr. Mehmet Oz during a news conference on fraud prevention

Medicare and Medicaid Administrator Mehmet Oz speaks during a news conference to discuss fraud prevention on Jan. 9, in Los Angeles, Calif. (Patrick T. Fallon / AFP via Getty Images / Getty Images)

State officials have noted that their own investigations resulted in 109 criminal charges and 24 civil fraud cases since California Attorney General Rob Bonta assumed office, according to FOX 11 in Los Angeles.

Advertisement

Newsom additionally filed a civil rights complaint against Oz for claims made against Armenian communities in the Golden State earlier this year, alleging Oz had “spewed baseless and racially charged allegations” that could potentially discourage the use of hospice and home care programs.

The legal tussle stems from a video in which Oz visited Los Angeles’ Van Nuys neighborhood, calling out a nearby four-block radius that he claimed was home to 42 hospices, suggesting potential fraud at the hands of what he described as the “Russian Armenian mafia.”

But Oz says the fraud issue is not isolated to California.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Advertisement

“In Flushing, [New York], I just mentioned we think the Chinese government might be involved. In southern Florida, where you have twice as many durable medical equipment suppliers as McDonald’s, we think the Cuban government’s involved,” he told Asman.

Fraud concerns have become a growing focus for the Trump administration, following high-profile cases in states like Minnesota, which have prompted broader conversations about the use of taxpayer dollars and government accountability.

Fox News Digital’s Rachel Wolf contributed to this report.

Advertisement
Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Business

Do not turn your heating off, charities warn

Published

on

Do not turn your heating off, charities warn

Organisations say there is support available after heating oil doubled in price due to the war in Iran.

Continue Reading

Business

NS&I set to pay millions in compensation to customers

Published

on

NS&I set to pay millions in compensation to customers

The government-backed bank has been accused of a series of errors, including not paying bereaved families money that was rightfully theirs.

Continue Reading

Business

Stan series signals Perth Film Studios' first major production

Published

on

Stan series signals Perth Film Studios' first major production

A series co-produced by Stan and the UK’s ITV is the first production to be filmed at Perth Film Studios after the $233.5 million facilities opened in January.

Continue Reading

Business

First Majestic Silver: Down From Highs, And I’m Finally Buying (NYSE:AG)

Published

on

First Majestic Silver: Down From Highs, And I'm Finally Buying (NYSE:AG)

This article was written by

Gold Mining Bull is a gold analyst with more than a decade of investing experience in commodities, hard assets (gold and silver miners), exploration companies, oil and gas producers, MLPs, and more.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of BTG, SVM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

I may buy shares of AG this week.

Advertisement

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Continue Reading

Business

Review: Down-to-earth approach brings rewards

Published

on

Review: Down-to-earth approach brings rewards

REVIEW: South Australian producer combines traditional approaches from the northern and southern hemispheres.

Continue Reading

Business

Sea Limited: Profitability And Positive FCF Growing Strongly

Published

on

Sea Limited: Profitability And Positive FCF Growing Strongly

Sea Limited: Profitability And Positive FCF Growing Strongly

Continue Reading

Business

Buy Now or Wait? Experts Weigh In on Apple’s Budget Newcomer

Published

on

Apple's iPhone 18 Pro Max

Apple’s newly launched iPhone 17e offers an affordable entry into the latest iPhone lineup at $599, packing the A19 chip and a modern Dynamic Island design, but buyers wondering whether to snap it up or hold out for the more advanced iPhone 18 Pro face a lengthy wait until at least September 2026 — and potentially longer for base models — as Apple shifts its release strategy.

The iPhone 17e went on sale March 11, 2026, just days after its March 2 announcement, positioning it as the most budget-friendly current iPhone with 256GB or 512GB storage options in black, white or soft pink. It features a 6.1-inch OLED display with 60Hz refresh rate, a single 48MP rear camera, 12MP TrueDepth front camera, and Apple’s efficient A19 processor paired with a new C1X cellular modem for improved connectivity.

iPhone 17e
iPhone 17e

Priced significantly below flagship models, the 17e targets cost-conscious consumers seeking solid everyday performance without Pro-level extras like multiple telephoto lenses or 120Hz ProMotion displays. Pre-orders opened March 4, with availability in more than 70 countries including the U.S., South Korea, Japan and Australia.

Yet for power users eyeing the iPhone 18 Pro, patience may be required. Rumors point to the iPhone 18 Pro and Pro Max launching in September 2026 alongside a potential foldable iPhone, while standard iPhone 18 and budget 18e models could slip to spring 2027 due to manufacturing priorities and Apple’s evolving lineup strategy.

Analysts say the staggered approach prioritizes premium devices first, reflecting strong demand for Pro models and new form factors like the rumored foldable. This shift means anyone waiting specifically for an “iPhone 18 Pro” could see it within six months, but base-level upgrades might take a full year or more.

Advertisement

**iPhone 17e Strengths and Limitations**

Reviewers praise the 17e for delivering flagship-level speed in a compact, affordable package. The A19 chip provides snappy performance for daily tasks, gaming and Apple Intelligence features, while the Dynamic Island replaces the older notch for a more immersive experience. Battery life is described as reliable for all-day use, and the matte-finish colors give it a premium feel despite the budget positioning.

Camera performance suits casual photographers with a capable 48MP main sensor, though it lacks the multi-lens versatility of Pro models. The 60Hz display feels smooth for most users but falls short of the buttery 120Hz experience on higher-end iPhones. Storage starts at 256GB, addressing past complaints about entry-level capacity.

At $599, the 17e undercuts many Android competitors while maintaining Apple’s ecosystem advantages, including long-term software support expected for five to seven years. Trade-in programs and carrier deals can lower the effective cost further, sometimes to under $400 with qualifying plans.

Advertisement

Critics note the single rear camera and lack of advanced zoom or ProRes video limit creative users. Those upgrading from older models like the iPhone 14 or 15 will notice meaningful gains in speed and modern features, but iPhone 16 owners may find the leap smaller.

**What to Expect from iPhone 18 Pro**

Early leaks suggest the iPhone 18 Pro will build incrementally on the 17 Pro design, retaining a similar camera plateau while introducing meaningful internal upgrades. Rumored highlights include a 2nm A20 Pro chip for better efficiency and performance, significantly larger batteries potentially exceeding 5,000mAh, and a variable aperture on at least one rear camera for improved depth control and low-light photography.

Design changes may be subtle: a smaller Dynamic Island or under-display Face ID elements, unified rear glass coloring, and possibly new color options like deep red. The Pro models are expected to keep 120Hz ProMotion displays, triple 48MP camera systems with enhanced telephoto capabilities, and premium materials.

Advertisement

A major wildcard is Apple’s first foldable iPhone, rumored to launch alongside the 18 Pro models in fall 2026 at a price potentially over $2,000. This could reshape the premium segment but won’t directly compete with the budget 17e.

Waiting for the 18 Pro means accessing cutting-edge silicon, superior cameras and potentially groundbreaking battery life, but at a starting price likely near $1,099 or higher. Early adopters may also encounter typical first-generation quirks if under-display tech debuts.

**Buy Now or Hold Out? Key Factors**

Decision-making depends heavily on individual needs and timeline.

Advertisement

Buy the iPhone 17e if:
– You need a phone immediately or within the next few months.
– Budget is a primary concern and $599 fits comfortably.
– You value reliability, ecosystem integration and don’t require pro-level photography or gaming performance.
– You’re upgrading from an older device (iPhone 13 or earlier) where the A19 chip and modern design deliver noticeable improvements.

Analysts generally recommend purchasing the 17e now rather than waiting, especially since the next budget-friendly model (iPhone 18e) may not arrive until 2027. Current deals, including trade-ins up to several hundred dollars, make it an attractive value proposition.

Consider waiting for the iPhone 18 Pro if:
– You want the absolute latest processor, camera innovations and battery technology.
– You’re willing to spend $1,000+ and can delay purchase until at least September 2026.
– Advanced features like variable aperture photography or potential foldable designs excite you.
– Your current phone remains functional and you prefer to skip incremental updates.

The wait could stretch 6 to 18 months depending on the exact model desired, during which the 17e will receive full software updates and maintain strong resale value. Many experts advise against waiting more than a year for rumored improvements that may prove evolutionary rather than revolutionary.

Advertisement

**Market Context and Broader Trends**

Apple’s decision to stagger 2026 releases reflects supply chain realities and a focus on premium segments amid slowing smartphone growth. The company continues dominating the high-end market, with Pro models driving much of its profit.

Competitors like Samsung and Google offer compelling alternatives in the mid-range with foldables or advanced AI features at various price points, but Apple’s seamless integration with Mac, iPad and services keeps many loyal.

For users in South Korea or other markets with strong carrier subsidies, the effective cost of the 17e can drop dramatically, making it even harder to justify waiting.

Advertisement

Ultimately, the iPhone 17e represents a sweet spot for most buyers seeking capable performance without flagship pricing. The iPhone 18 Pro promises meaningful upgrades but at the cost of time and higher expense.

Those on the fence should evaluate their current device’s condition, budget and must-have features. For many, buying the readily available 17e delivers immediate satisfaction with minimal compromise, while dedicated enthusiasts may find the wait for 18 Pro worthwhile.

As always with Apple products, long-term software support means either choice will remain relevant for years. Check current trade-in values and carrier promotions, as they can tip the scales significantly.

Advertisement
Continue Reading

Business

Here Group: Early In The IP Curve, With Enlight JV As A Wildcard (NASDAQ:HERE)

Published

on

Here Group: Early In The IP Curve, With Enlight JV As A Wildcard (NASDAQ:HERE)

This article was written by

I’m an equity analyst and founder of Goulart’s Restaurant Stocks, a research firm focused on the U.S. restaurant industry — from quick-service and fast casual to fine dining and niche concepts. I lead all thematic research and valuation efforts, applying advanced financial modeling, sector-specific KPIs, and strategic insights to uncover hidden value across public equities. In addition to restaurants, I cover consumer discretionary, food & beverage, casinos & gaming, and IPOs, with a particular focus on micro and small caps that are often overlooked by mainstream analysts. My research has been featured on Seeking Alpha, Yahoo Finance, Mises Institute, Investing.com and other plataforms. My background combines hands-on experience in finance and business management with academic foundations. I hold an MBA in Controllership and Accounting Forensics, a Bachelor’s in Business Administration. I’ve also pursued specialized training in valuation, financial modeling, and restaurant operations (I had a brief experience as an undergraduate as a franchise partner for a regional ice cream shop).

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Advertisement
Continue Reading

Business

CO2 plant to reopen in Iran war contingency plan

Published

on

CO2 plant to reopen in Iran war contingency plan

The government will invest £100m to restart the Teesside site producing carbon dioxide, a key part of food and drink manufacturing.

Continue Reading

Business

Earnings call transcript: ACG’s Q4 2025 shows revenue decline, market steady

Published

on


Earnings call transcript: ACG’s Q4 2025 shows revenue decline, market steady

Continue Reading

Trending

Copyright © 2025