Ex-WellCare CEO, Others Charged With Medicaid Fraud

Law360, New York (March 3, 2011, 5:56 PM EST) -- The former CEO of WellCare Health Plans Inc. and four other former executives were struck with Medicaid fraud and other charges in a federal court in Florida on Wednesday.

According to the 10-count indictment, returned to the U.S. District Court for the Middle District of Florida, WellCare's former CEO Todd Farha, its ex-general counsel Thaddeus M.S. Bereday and former Chief Financial Officer Paul L. Behrens were part of a conspiracy to defraud Florida's Medicaid program of approximately $40 million by not returning unspent premiums.

The indictment...
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