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Showing Original Post only (View all)US charges 11 people in Russia-based scheme to bilk Medicare of $10bn [View all]
Source: The Guardian/AFP
Fri 27 Jun 2025 23.38 EDT
US federal prosecutors charged 11 people on Friday in a Russia-based scheme to bilk Medicare the American health insurance program for the elderly and disabled out of $10.6bn through fraudulent billing for expensive medical equipment.
The transnational criminal organization orchestrated a multi-billion-dollar health care fraud and money laundering scheme that included purchasing dozens of medical equipment companies from prior legitimate owners to perpetrate the fraud, according to the indictment dated 18 June.
More than a million Medicare recipients had their personal information stolen and used by the defendants to file for billions of dollars in claims from Medicare and its supplemental insurers, prosecutors said in the filing.
The claims were filed through medical equipment providers that the group had purchased, but no equipment was ever sent out for the payments.
Read more: https://www.theguardian.com/us-news/2025/jun/28/us-charges-11-people-in-russia-based-scheme-to-bilk-medicare-of-10bn
