health care fraud – pressnews

[ad_1] The man transferred these funds through bank accounts belonging to shell corporations.Washington: An Indian national was on Tuesday sentenced to nine years of imprisonment for a USD 2.8 million health care fraud, the Department of Justice said.Yogesh K Pancholi, 43, a resident of Michigan, owned and operated Shring Home Care Inc. (Shring), a home health company. Despite being excluded from billing Medicare, Pancholi purchased Shring using the names, signatures, and personal identifying information of others to conceal his ownership of the company, according to court documents.In a two-month period, Pancholi and his co-conspirators billed and were paid nearly USD2.8 million by Medicare for services that were never provided, federal prosecutors said.Pancholi then transferred these f...

[ad_1] Patel was convicted following an 11-day trial before US District Judge Robert B Kugler.New York: A 54-year-old Indian-American was found guilty on 11 counts of defrauding public health insurance plans out of more than $4 million and transacting in the criminal proceeds, authorities have said.Kaival Patel of West New York in New Jersey was convicted on December 7 of one count of conspiracy to commit wire fraud and health care fraud, four counts of health care fraud. He was also convicted of one count of conspiracy to commit money laundering by transacting in criminal proceeds, and five counts of money laundering by transacting in criminal proceeds, the US Justice Department said in a statement last week.Patel created and operated a company called ABC Healthy Living LLC to market co...

Tag: health care fraud

Indian National Jailed For 9 Years Over $2.8 Million Health Care Fraud

Indian-American Guilty Of 11 Counts Of Defrauding Public Health Insurance Plans Of $4 Million