Two dozen people, including doctors and owners of medical equipment companies, were charged in a more than $1 billion global health care fraud scheme, authorities said.
HHS Office of Inspector General agents take part in arrests on April 9, 2019, in Queens, New York as they break up a billion-dollar Medicare scam that peddled unneeded orthopedic braces to hundreds of thousands of seniors nationwide, using a network of foreign call centers.Get breaking news alerts and special reports. The news and stories that matter, delivered weekday mornings.
The ill-gotten gains were then laundered through international shell companies and used to buy exotic cars, yachts and luxury real estate in the United States and overseas, prosecutors said. "White-collar crime is not victimless," Sherri Lydon, U.S. attorney for the district of South Carolina, where the probe originated, said at a press conference announcing the indictments."All taxpayers will endure the rising cost of health care premiums and out-of-pocket costs as a result of fraud on our Medicare system."
Medicare was charged nearly $3,000 for the unneeded medical equipment, the family said. The Sweetman case wasAs many as 130 medical equipment companies were implicated in the scam that resulted in a total of $1.2 billion in losses, prosecutors said.
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