Healthcare fraud keeps fleecing taxpayers — with the latest costing a full $1 billion
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Healthcare fraud keeps fleecing taxpayers — with the latest costing a full $1 billion
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Just when you think you’ve seen the most shocking case of health-care fraud at taxpayer expense, another comes along to jolt you yet again.
This time, it’s a massive Medicare scam run by an overseas mob — possibly linked to the Kremlin — that got away with $1 billion of federal money, a new federal indictment charges.
The scheme, which began during the Biden administration, had low-level foreign nationals fly to America and purchase more than 30 medical-supply companies, feds say.
They then used the stolen credentials of 7,000 physicians and more than 1 million Medicare recipients to submit a jaw-dropping $10.6 billion in fraudulent Medicare claims.
The crooks wound up netting nearly $1 billion in hard cash, which they then allegedly laundered through China, Israel, Pakistan, Singapore and Turkey.
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