Fire Company reports $50,000 theft of rescue equipment in June break-in
CHRISTIANA, Pa. — Authorities are investigating a June burglary at the Christiana Fire Company in Lancaster County, where over $50,000 in emergency rescue tools were stolen during an early morning break-in. The…
Seven buses, equipment to be used for celebs at Macy’s Thanksgiving parade destroyed in fire
KEARNY, NJ – Buses that were to be used for celebrities taking part in this week’s Macy’s Thanksgiving Day Parade in New York City were destroyed in a lot in Kearny early…
SEPTA Video Surveillance Manager, Equipment Vendor Indicted for Extensive Bribery and Extortion Scheme
PHILADELPHIA – United States Attorney Jacqueline C. Romero announced that James Stevens, 69, of Somerdale, NJ, and Robert Welsh, 59, now living in Arizona, were charged by Indictment with conspiracy, bribery, extortion,…
Russians engaging in mass theft of medical equipment, says Zelenskiy
(Reuters) – Russian forces in the occupied Ukrainian region of Kherson are engaged in mass theft of medical equipment and ambulances in a bid to make the area uninhabitable, President Volodymyr Zelenskiy…
U.S. business equipment borrowings grew 11% in September – ELFA
(Reuters) – U.S. companies borrowed 11% more in September to finance their equipment investments compared with a year earlier, industry body Equipment Leasing and Finance Association (ELFA) said on Tuesday, while raising…
Strong equipment, parts demand expected to lift Caterpillar sales
By Aishwarya Nair and Bianca Flowers (Reuters) – Heavy-machinery maker Caterpillar Inc. is expected to report a double-digit growth in profit and revenue when it releases quarterly earnings on Thursday, as demand…
Stevensville man admits drug trafficking, firearm, money laundering crimes after investigators seize thousands of fentanyl pills in traffic stop; find pill-making equipment, materials on property
MISSOULA — A Stevensville man admitted to drug trafficking, firearm and money laundering crimes after law enforcement seized thousands of fentanyl and methamphetamine pills from his vehicle in a Minnesota traffic stop…
SK Hynix secures one-year waiver from U.S. govt on chip equipment for its facilities in China
SEOUL (Reuters) – South Korea’s SK Hynix Inc said on Wednesday it has received authorization from the U.S. Department of Commerce to receive chip equipment needed for its chip production facilities in…
U.S. business equipment borrowings grow 4% in August – ELFA
(Reuters) – U.S. companies borrowed 4% more in August to finance their investments in equipment compared with a year earlier, industry body ELFA said on Friday, while raising doubts over the sustainability…
Sleep and Respiratory Equipment Manufacturer to Pay $1.2 Million to Resolve Allegations of Unlawful Kickbacks
Philips RS North America LLC, formerly known as Respironics, Inc. (“Respironics”), a nationwide manufacturer of sleep and respiratory durable medical equipment (“DME”), has agreed to pay $1,283,825.40 to settle allegations that it…
China to extend tax relief for small firms, support equipment upgrades
BEIJING (Reuters) -China will extend tax relief for some small firms, including manufacturers, and offer low-cost loans to support equipment upgrades by companies, state media on Wednesday quoted the cabinet as saying.…
Miami Man Who Used Durable Medical Equipment Company as Front for Health Care Fraud Sentenced to Seven Years in Federal Prison
Miami, Florida – Yesterday, a federal district judge in Miami sentenced 42-year-old Daniel Pintado Cazola to 87 months in prison for his role in using a durable medical equipment company to commit…
Philips Subsidiary to Pay Over $24 Million for Alleged False Claims Caused by Respironics for Respiratory-Related Medical Equipment
WASHINGTON – Philips RS North America LLC, formerly known as Respironics Inc., a manufacturer of durable medical equipment (DME) based in Pittsburgh, Pennsylvania, has agreed to pay over $24 million to resolve…
Springfield, Illinois, Man Sentenced to 24 Months in Prison for Six Counts Related to Possession and Use of Counterfeit Credit Cards and Counterfeit Device Making Equipment
SPRINGFIELD, Ill. –A Springfield, Illinois, man, Calvin Christian, III, 31, of the 1700 block of South College Street was sentenced on August 25, 2022, to 24 months in prison, to be followed…
U.S. business borrowing for equipment rises 2% in July – ELFA
(Reuters) – U.S. companies borrowed 2% more in July to finance their investments in equipment compared with a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Monday. The companies…
Two arrested in $39M personal protection equipment fraud scheme
HOUSTON – Two suburban Houston men have been charged with conspiracy to commit and committing wire fraud during the COVID-19 pandemic involving medical-grade nitrile gloves, announced U.S. Attorney Jennifer B. Lowery. Authorities…
Pittsburgh Man Pleads Guilty to Holding Counterfeit Drugs and Possessing Equipment Used to Make Fake Substances
PITTSBURGH – A resident of Pittsburgh, Pennsylvania, pleaded guilty in federal court to charges of holding counterfeit drugs for sale and possession of equipment for manufacturing counterfeit substances, United States Attorney Cindy…
Explainer-Nord Stream’s turbine tussle puts spotlight on equipment
MOSCOW -The bickering over a turbine Moscow says is to blame for a reduction of gas flows via Nord Stream 1 has put into focus the equipment the pipeline needs to operate.…
U.S. business borrowing for equipment falls 1% in June – ELFA
(Reuters) – U.S. companies borrowed 1% less in June to finance their investments in equipment compared with a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Monday. The companies…
Man Charged With Multi-Million Dollar Medicare Fraud In Connection With False Claims For Durable Medical Equipment
Damian Williams, the United States Attorney for the Southern District of New York, and Scott J. Lampert, Special Agent in Charge of the U.S. Department of Health and Human Services Office of…
$10k in Landscaping Equipment Stolen from Business in Glen Burnie
GLEN BURNIE, MD – Police in Glen Burnie are investigating after a business was robbed of around $10,000 in landscaping equipment Monday morning. According to police, “At approximately 7:00 a.m., officers responded…
Intertech Trading Corp. Pleads Guilty to 14 Felonies for Failure to File Export Information on Shipments of Lab Equipment to Russia and Ukraine
CONCORD – Intertech Trading Corporation, an Atkinson, New Hampshire-based laboratory equipment distributor, pleaded guilty in federal court to 14 felony counts of failure to file export information…
Florida man charged with selling fake Cisco equipment in $1 billion scheme
By Jonathan Stempel (Reuters) – U.S. prosecutors on Friday announced the arrest of a Florida man accused of importing counterfeit Cisco networking equipment that if authentic would be worth more than $1…
CEO of Dozens of Companies and Entities Charged in Scheme to Traffic an Estimated $1 Billion in Fraudulent and Counterfeit Cisco Networking Equipment
NEWARK, N.J. – A federal grand jury has indicted a Florida man for allegedly orchestrating a scheme over many years to traffic in counterfeit Cisco networking equipment with an estimated retail value…
Nurse Practitioner Pleads Guilty To Conspiracy In $15 Million Durable Medical Equipment Scheme
CHARLOTTE, N.C. – Justin Segrest, 44, of Mount Airy, N.C., appeared before U.S. Magistrate Judge David S. Cayer today and pleaded guilty to a conspiracy charge for his role in a durable…
U.S. Citizen Pleads Guilty to Conspiring to Provide Electronic Equipment and Technology to the Government of Iran
Earlier today, in federal court in Brooklyn, Kambiz Attar Kashani, a dual citizen of the United States and Iran, pleaded guilty to conspiring to illegally export U.S. goods, technology, and services to…
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