Tuesday, September 29, 2009

Health Care Supplier is Involved in $18.4 Million Medicare Fraud Scheme

According to this post on Detroit News Suresh Chand is being charged with health care fraud and money laundering charges because he was a major figure in a $18.4 million scheme to defraud Medicare. He faces up to 30 years in prison and fines which total up to $750,000.

Chad owned 4 medical companies and submitted false claims to Medicare between the years of 2003 and 2007. He pleaded guilty for these charges and will be sentenced soon.

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