$8.5 Million Fraud, Is This A Joke?

A New York City pharmacy owner is being accused of healthcare fraud totaling more than $8.5 million. He is one of 301 individuals being targeted for alleged participation in healthcare fraud schemes totaling more than $900 million in false billing. The owner is Sajid Javed, 45, of Fresh Meadows, Queens.

Manhattan U.S. Attorney Preet Bharara said: “As alleged, Sajid Javed induced others to forego their prescription medications for a kickback, and then fraudulently billed Medicare and Medicaid more than $8 million for the drugs that were never actually dispensed.  This alleged scheme not only put patients at risk, it also contributed to the multi billion-dollar pillaging of federally funded public health care subsidies.”

FBI Assistant Director-in-Charge Diego Rodriguez said: “These alleged criminals arrested around the country today and here in New York City are stealing money meant to help people seeking medical assistance.  It’s not a visible theft in public view, but the victims of the crime suffer greatly when they can’t get the assistance they need.”

Healthcare fraud is not a laughing matter. Everyday medicare/medicaid is losing thousands of dollars to “professionals” doing the wrong thing. People will always find a loop hole to every problem and that is just it. That loop hole here doesn’t go noticed for some time. If you report healthcare fraud your self you only pay what was reimbursed to you, otherwise if the Office of Inspector General(OIG) finds it you will pay three times as much as you were reimbursed.

For any questions or to read more you can go to oig.hhs.gov or go to the case summary at https://www.justice.gov/usao-sdny/pr/new-york-city-pharmacy-owner-arrested-85-million-fraud-part-largest-national-medicare

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