The estranged father of actor Lindsay Lohan was arrested Friday on charges that he illegally took kickbacks for referring patients to a substance abuse treatment centre.
Michael Lohan, 60, was booked into the Palm Beach County Jail on five counts of patient brokering and one count of conspiracy to commit patient brokering, The Palm Beach Post reported.
Authorities said a Delray Beach-area drug treatment centre called Pride Recovery Centre paid more than $27,000 in kickbacks to either Lohan directly or to a business he was associated with, Lola Recovery Ventures of Palm Beach Gardens.
Under Florida law, it is illegal for a health care provider to pay a commission for the referral of patients. The practice has been linked to numerous instances of fraud in which rehab centres get reimbursed for performing costly and unnecessary tests on patients who have health insurance.
"Patient brokering corrupts our healthcare system because decisions are motivated by greed instead of a patient's needs," Palm Beach County's State Attorney Dave Aronberg said on Friday.
Aronberg said Lohan is the 117th person arrested in connection with a task force’s ongoing probe into patient brokering in the area.
Lohan's lawyer, Heidi Perlet, says her client denies Aronberg's allegations.
"Michael Lohan has helped countless individuals suffering from addiction issues," Perlet told The Associated Press. "Michael should be applauded for his efforts in saving lives, not arrested for them … Michael is looking forward to having his day in Court where the whole truth, not the narrative put forth by the State Attorney's Office, comes out."
Lohan has had several prior run-ins with the law, including allegations of domestic violence. He appeared on season 5 of Celebrity Rehab with Dr Drew, which was shown on VH1 in 2011.
Representing%20UAE%20overseas
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Mohammed bin Zayed Majlis
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UAE currency: the story behind the money in your pockets
What is a robo-adviser?
Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.
These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.
Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.
Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.
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UAE currency: the story behind the money in your pockets
New UK refugee system
- A new “core protection” for refugees moving from permanent to a more basic, temporary protection
- Shortened leave to remain - refugees will receive 30 months instead of five years
- A longer path to settlement with no indefinite settled status until a refugee has spent 20 years in Britain
- To encourage refugees to integrate the government will encourage them to out of the core protection route wherever possible.
- Under core protection there will be no automatic right to family reunion
- Refugees will have a reduced right to public funds
UAE currency: the story behind the money in your pockets
Polarised public
31% in UK say BBC is biased to left-wing views
19% in UK say BBC is biased to right-wing views
19% in UK say BBC is not biased at all
Source: YouGov
Global state-owned investor ranking by size
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United States
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China
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3.
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UAE
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Japan
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5
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Norway
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6.
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Canada
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Singapore
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8.
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Australia
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9.
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Saudi Arabia
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10.
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South Korea
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US tops drug cost charts
The study of 13 essential drugs showed costs in the United States were about 300 per cent higher than the global average, followed by Germany at 126 per cent and 122 per cent in the UAE.
Thailand, Kenya and Malaysia were rated as nations with the lowest costs, about 90 per cent cheaper.
In the case of insulin, diabetic patients in the US paid five and a half times the global average, while in the UAE the costs are about 50 per cent higher than the median price of branded and generic drugs.
Some of the costliest drugs worldwide include Lipitor for high cholesterol.
The study’s price index placed the US at an exorbitant 2,170 per cent higher for Lipitor than the average global price and the UAE at the eighth spot globally with costs 252 per cent higher.
High blood pressure medication Zestril was also more than 2,680 per cent higher in the US and the UAE price was 187 per cent higher than the global price.
