Two locals have been indicted — along with two former business partners — on various charges of conspiracy, fraud and embezzlement related to Smart Data Solutions, a venture that marketed itself as a health insurer. But SDS wasn't properly licensed anywhere and Bart and Angela Posey are now facing a 57-page indictment.
According to the indictment, the company accepted more than $28 million in health care coverage premiums but denied and rejected legitimate claims. More than $5.4 million of the money was diverted for the defendants’ personal use, the indictment claims.
SEE ALSO: Our past coverage of Smart Data
A judge has frozen the personal assets of brothers and former HRC Medical Centers Inc. officials Dan and Don Hale related to the state's suing HRC last fall for allegedly failing to warn patients of the risks of the company's hormone treatments.
The move is the latest in the Hale brothers' trouble. In December, Davidson County Circuit Court Judge Amanda McClendon appointed a temporary receiver over HRC Medical Centers. (Read more here.)
Jennifer Kraus and NewsChannel5.com have the story here.
NewsChannel 5's Jennifer Kraus is still hot on the trail of what has happened at and what will happen to HRC Medical Centers. Her latest piece looks at the new owners of what had been HRC's clinic on 14th Avenue North and finds some familiar faces in HRC's ex-VP of medical operations and the manager of the clinic that has changed hands.
"This is stuff that happened before, or much of it, happened before I was here" Cannata shared when asked about the various allegations made in the attorney general's lawsuit.
Now, he insisted, changes have been made.
"Our contracts are certainly different. Our salespeople are not commissioned. Our sales people are hourly paid. The disclosures are very thorough and list all of the side effects," he said.