Social Adult Day Care Program Director Pleads Guilty to $127M Medicare and Medicaid Fraud Scheme
A Queens man pleaded guilty on Monday to defrauding Medicare and New York State Medicaid of approximately $127 million by billing for medically unnecessary prescription drugs and social adult day care (SADC) services that were not provided.
What happened
A Queens man pleaded guilty on Monday to defrauding Medicare and New York State Medicaid of approximately $127 million by billing for medically unnecessary prescription drugs and social adult day care (SADC) services that were not provided.
Why it matters
The development may change operating conditions or market expectations around Regulation. Further confirmation and measurable outcomes matter.
Affected entities
View evidence
1 reports · 1 original report · 1 independent
- U.S. Department of JusticePrimary source · Supports · EN · 100%Social Adult Day Care Program Director Pleads Guilty to $127M Medicare and Medicaid Fraud Scheme ↗
Claims
- Social Adult Day Care Program Director Pleads Guilty to $127M Medicare and Medicaid Fraud Scheme Observed
Conflicts
No material conflict detected in the available evidence.
Timeline
- First reported
Market move following event
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