Feds Bust Alleged $250M Healthcare Fraud Scheme in New York

Federal authorities began arresting roughly 35 people in the New York City area today who are suspected of participating in an organized crime ring that reined in roughly $250 million through healthcare fraud, according to a New York Times report.

Though there has not been a federal news briefing on the matter, the New York Times reports FBI agents arrested people expected to face charges of racketeering, healthcare fraud, money laundering, insurance fraud and wire fraud. The alleged scheme took place over several years and allegedly involved billing private insurers for medically unnecessary treatments that stemmed from auto accident claims.

A news conference has been scheduled for later today to announce the charges.

More Articles on Healthcare Fraud:

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Alleged $375M Fraud Bust Linked to Healthcare Reform Law
OIG Recommends CMS Provide Better Data to Identify Medicaid Fraud


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