Federal prosecutors have charged 11 individuals in a complex scheme defrauding Medicare of $10.6 billion. The group, coordinated from Russia, acquired legitimate medical equipment companies to file false claims using stolen personal information from over a million Medicare recipients. No actual equipment was delivered, yet Medicare issued approximately $41 million in payments, while supplemental insurers potentially paid out an additional $900 million between 2022 and 2024. The fraud was exposed when recipients reported discrepancies in their account statements, prompting an investigation into the misuse of their identities.
US federal prosecutors have charged 11 individuals involved in a sophisticated scheme that defrauded Medicare of over $10 billion through fraudulent billing for non-existent medical equipment.
The indictment details how the transnational criminal organization purchased legitimate medical equipment companies to exploit Medicare, resulting in billions claimed for services that were never rendered.
Collection
[
|
...
]