107 Charged In Record $450M Medicare Fraud Bust

Law360, New York (May 2, 2012, 3:46 PM EDT) -- Prosecutors have charged more than 100 individuals in connection with $450 million of Medicare fraud, federal officials said Wednesday, marking the heftiest single-day bust for a strike force tasked with neutralizing a major threat to the program’s financial health.

Arrests took place in major cities nationwide, including Miami, Houston, Los Angeles, Chicago and Detroit. Alleged crimes include violations of anti-kickback statutes and money laundering, and medical practices involved run the gamut from psychotherapy to equipment sales.

“These fraud schemes were committed by people up and down...
To view the full article, register now.