Home / Crime and Justice / Billion-Dollar Healthcare Fraud Scheme Uncovered in NH
Billion-Dollar Healthcare Fraud Scheme Uncovered in NH
27 Jun
Summary
- Four individuals charged in a $3 billion healthcare fraud and money laundering operation.
- The scheme involved fraudulent billing for medical equipment and prescription drugs.
- Millions in Medicare payouts were allegedly laundered through overseas accounts.
Four individuals have been charged in New Hampshire in connection with a sweeping $3 billion healthcare fraud and money laundering scheme. The operation allegedly targeted Medicare, other government health insurance programs, and private insurers.
Charges include wire fraud, identity theft, and conspiracy to commit money laundering. Prosecutors allege that millions of dollars in fraudulent Medicare payouts were laundered through overseas accounts. The investigation was prompted by thousands of complaints from individuals who received durable medical equipment they did not order.
One suspect is accused of stealing an identity for over 20 years to claim public assistance. Another allegedly acted as a nominee owner for a fraudulent medical equipment company, facilitating the withdrawal and transfer of over $12.5 million in fraudulent Medicare funds. A third suspect is charged with aiding in money laundering by providing translation and driving services for bank transactions.
Additionally, a pharmacist in New Hampshire is charged with diverting controlled prescription drugs, accused of stealing pills and capsules for personal use while on duty. All four suspects face significant prison sentences if convicted.
