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US Department of Justice Busts Largest Healthcare Fraud Case in History, Seizes $2.45 Billion in Cryptocurrency and Cash
Summary: According to Forbes, the US Department of Justice has announced the bust of the largest healthcare fraud case in history, with 324 defendants charged involving over $14.6 billion in false claims. The defendants include 96 healthcare professionals such as doctors, nurses, and pharmacists, spread across 50 federal districts and 12 state attorney general offices. The ...
According to Forbes, the US Department of Justice has announced the bust of the largest healthcare fraud case in history, with 324 defendants charged involving over $14.6 billion in false claims. The defendants include 96 healthcare professionals such as doctors, nurses, and pharmacists, spread across 50 federal districts and 12 state attorney general offices. The operation also seized over $2.45 billion in cash, cryptocurrency, luxury cars, and assets. The Centers for Medicare & Medicaid Services (CMS) prevented over $4 billion in fraudulent payments by suspending or revoking billing privileges for 205 providers. The gold operation in the case accounted for $10.6 billion in fraud, linked to organized crime in Russia, Estonia, and Kazakhstan. Attorney General Pamela Bondi stated a zero-tolerance approach towards criminal activities profiting from the healthcare system.
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Link: US Department of Justice Busts Largest Healthcare Fraud Case in History, Seizes $2.45 Billion in Cryptocurrency and Cash [Copy]
