Tag

Kickbacks

All articles tagged with #kickbacks

crime16 days ago•5 min saved

Florida-linked sweep charges 455 in $6.5B health-care fraud crackdown

A two-week federal enforcement operation charged 455 people in a $6.5 billion health-care fraud and insurance scheme, with Florida accounting for 36 defendants across federal and state cases. Highlights include a Boca Raton cardiologist accused of billing for unnecessary student-athlete heart screenings, a Tampa Bay nurse practitioner-led wound-care scheme billing Medicare $118 million, and a Miami individual allegedly directing a phantom-supplies scheme totaling about $3.76 billion. The DOJ says the crackdown aims to protect vulnerable patients and recover taxpayer funds, with asset seizures and ongoing prosecutions across multiple jurisdictions.

via WUSF|

#crime #doj-crackdown #florida

crime1 month ago•6 min saved

HealthSplash Founder Convicted in $1B Medicare Fraud Conspiracy

A federal jury in the Southern District of Florida convicted Brett Blackman, founder and owner of HealthSplash, of leading a scheme that used DMERx to generate false doctor’s orders and prescriptions to bill Medicare and other federal programs for more than $1 billion in medically unnecessary durable equipment and related items, aided by foreign call centers and kickbacks. The co-conspirators billed for sham orders, and Blackman faces up to 20 years for conspiracy to commit health care and wire fraud, plus additional terms for kickbacks and false statements; sentencing is set for August 26, 2026. The case was pursued by multiple agencies as part of the Health Care Fraud Strike Force effort that has charged thousands since 2007.

via Department of Justice (.gov)|

#crime #health-care-fraud #healthsplash

healthcare3 months ago•3 min saved

Orange County Man Pleads Guilty in $270 Million Medi-Cal Fraud Scheme Tied to Monte Vista Pharmacy

An Orange County man pleaded guilty to leading a scheme that billed Medi-Cal from May 2022 to April 2023 for expensive, often unnecessary drugs via Monte Vista Pharmacy, totaling nearly $270 million with about $178 million paid; funds were laundered and kickbacks were used, and he faces a statutory maximum of 30 years in prison at sentencing on August 3.

via Department of Justice (.gov)|

#health-care-fraud #healthcare #kickbacks

crime4 months ago•14 min saved

South Suburban man sentenced to 10 years for $14M COVID loan fraud

A south suburban man, Sharhabeel Shreiteh, was sentenced to 120 months in federal prison for leading a $14 million Paycheck Protection Program loan-fraud scheme, filing more than 1,500 bogus applications for about 1,025 clients and taking roughly $740,000 in kickbacks; prosecutors say most funds were forgiven and he directed money overseas, while a co-defendant’s charges are pending and he faces a related tax-fraud case.

via Chicago Tribune|

#covid-19 #crime #federal-sentencing

crime4 months ago•33 min saved

Illinois man’s $14M PPP loan fraud lands him a decade in prison

A south suburban Chicago-area man, Sharhabeel Shreiteh, was sentenced to 120 months in federal prison for leading a $14 million Paycheck Protection Program loan fraud scheme. He filed more than 1,500 false PPP loan applications for about 1,025 clients, causing roughly $14 million to be dispersed, most of which was forgiven. He received about $740,000 in kickbacks, spent it on luxury purchases and vacations, and sent hundreds of thousands of dollars to his second wife in Palestine. Co-defendant charges are pending, and he faces a related tax fraud case.

via Yahoo|

#covid-19 #crime #fraud

world1 year ago•2 min saved

Spanish Political Scandal Sparks Market Volatility and Graft Investigations

Pedro Sánchez's former aide Santos Cerdán has been remanded in custody over allegations of bribery and involvement in a criminal organization related to kickbacks from public contracts, intensifying corruption scandals surrounding Spain's government and affecting Sánchez's political standing.

via Financial Times|

#corruption #kickbacks #pedro-sanchez

crime1 year ago•1 min saved

Texas Doctor Sentenced for $200K Kickback Scheme in Lab Fraud

A Texas doctor, Dr. Hector Ubaldo, has been convicted of accepting over $200,000 in kickbacks for directing patient blood and urine samples to specific labs, which then billed insurance companies and Medicare for tests. Ubaldo engaged in fraudulent medical advisory agreements to disguise these kickbacks. He was caught on video accepting cash and now faces up to 15 years in federal prison after being found guilty of conspiracy to pay and receive healthcare kickbacks.

via CBS News|

#crime #healthcare-fraud #kickbacks

corruption2 years ago•0 min saved

Singapore Transport Minister S Iswaran Charged with Corruption in F1 Kickback Scandal

A Singaporean minister has been charged with corruption for allegedly receiving kickbacks from a wealthy tycoon in exchange for advancing the tycoon's business interests. The minister, who was previously seen as a potential future leader, is accused of receiving bribes totaling millions of dollars over a period of several years. This case has raised concerns about corruption in Singapore's government and has led to calls for greater transparency and accountability.

via Financial Times|

#corruption #kickbacks #minister

crime2 years ago•3 min saved

Medical Professionals Arrested in Multi-Million Dollar Fraud Scheme

Two pharmacists and a physician have been charged in a 13-count indictment for their involvement in a $170 million health care fraud, kickback, and money laundering scheme. The pharmacists allegedly submitted false claims for high reimbursing drugs that were medically unnecessary, while the physician referred prescriptions to the pharmacies in exchange for illegal kickbacks and bribes. The scheme involved submitting fraudulent claims to the Department of Labor's Office of Workers' Compensation Program. The defendants also allegedly attempted to conceal the proceeds of the criminal activity through money laundering. If convicted, they face significant prison sentences.

via Department of Justice|

#crime #health-care-fraud #indictment

crime3 years ago•1 min saved

Ex-Apple worker sentenced to prison and ordered to pay millions for fraud.

A former Apple employee, Dhirendra Prasad, has been sentenced to three years in prison and ordered to pay back over $19 million after taking kickbacks, stealing parts, inflating invoices, and causing Apple to pay for items and services it never received. Prasad pleaded guilty to conspiracy to commit mail fraud and wire fraud, and one count of conspiracy to defraud the United States. He used his position at Apple to enrich himself at his employer's expense and also used his insider information regarding the company's fraud-detection techniques to design his criminal schemes.

via USA TODAY|

#apple #conspiracy #crime