Liberty Mutual Insurance Company will pay 4.7 million dollars in a bribery settlement.  The U.S. Department of Justice (DOJ) found evidence of bribery by employees in one of its subsidiaries.  The DOJ’s investigation into an India-based subsidiary, Liberty General Insurance (LGI) found that over a five-year period, from 2017 to 2022, employers paid 1.47 million dollars in bribes to high-ranking members of six state-owned banks.

The bank officials agreed to take bribes for referring their customers to Liberty General Insurance’s (LGI’s) insurance products.

Certain LGI employees concealed the nature of these payments, according to the report, and one way was to classify the payments as marketing expenses.  They used third-party intermediaries to make the payments.

The scheme brought in about 9.2 million dollars.  About 4.7 million dollars of that money was profit.

The Department of Justice explained its decision not to prosecute.  According to the declaration, it is because of:

• The voluntary and timely self-disclosure of the misconduct to the Fraud Section in March of 2024, which was identified during an internal, ongoing investigation.
• Liberty Mutual’s full cooperation, which was proactive and its agreement to continue to cooperate with any ongoing government investigations and any prosecutions that have resulted or might result in the future.
• It’s earnest disclosure and... Read More

Matthew Rifat further argued in his closing brief in his California Bar Trial that Dr. Robin Chorn owned Blue Oak Medical Group twice. 

He owned the practice once during 2015 and through the... Read More