The Indianapolis-based trucking company said the probe by the Criminal Division of the United States Department of Justice is related to financial reporting issues that it first disclosed in May 2017.
Steven Ganote, who prosecutors say was a key player in the massive American Senior Communities overbilling and kickback scheme, was also ordered to pay $7 million in restitution.
Headquartered in Lebanon, Festool USA plans to add 80,000 square feet to its existing facility and has received tax incentives for the project from both the city and state.
David Mazanowski, founder and former CEO of the Fishers-based landscaping firm Mainscape Inc., was the fifth and final person to be sentenced in the $19 million kickback scheme involving Indiana nursing homes.
The case might never have come to light were it not for a nearly century-old Indianapolis company that had a chance to participate in the overbilling and kickback scheme but called the FBI instead.
Several opportunities are available the rest of this year to sponsor and attend an IBJ event. They’re reasonably priced, and IBJ subscribers get a discount.
Layered Solutions Inc. is helping schools enhance their mass-notification and emergency-management systems with products that could make it easier and faster to communicate in a crisis.
Hoosier franchisees say they’re seeing good results from the fast-food chain’s overhaul of its U.S. restaurants, an effort that includes self-ordering kiosks and other technology upgrades.
Heath R. Fear has been named executive vice president and CFO of the Indianapolis-based real estate investment trust, replacing Dan Sink, who stepped down June 30 after serving as Kite’s CFO for almost 20 years.
