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    Home»Markets»Fraudster Steals $36,000,000 From Medicare, Splurges on Luxurious Gadgets, Giant House and Rolls-Royce – The Day by day Hodl
    Fraudster Steals ,000,000 From Medicare, Splurges on Luxurious Gadgets, Giant House and Rolls-Royce – The Day by day Hodl
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    Fraudster Steals $36,000,000 From Medicare, Splurges on Luxurious Gadgets, Giant House and Rolls-Royce – The Day by day Hodl

    By Crypto EditorJanuary 31, 2026No Comments2 Mins Read
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    A person in Florida is pleading responsible to defrauding Medicare out of tens of hundreds of thousands of {dollars} in a ‘Physician Chase’ scheme.

    The U.S. Division of Justice (DOJ) says 38-year-old Sean Alterman has admitted to working a healthcare fraud scheme that concerned fraudulent claims made to Medicare.

    Authorities say that Alterman, who owned and operated two healthcare labs, used his corporations to buy orders for costly genetic testing from affected person recruiters who used misleading techniques to steer sufferers to take the exams – all whereas billing Medicare.

    To assist his scheme, Alterman employed a tactic generally known as ‘physician chasing,’ or sending medical doctors deceptive requests designed to trick them into signing off on the exams.

    Utilizing this technique, Alterman used his two corporations to obtain $36 million price of medical claims from Medicare, claiming $5.5 million as his personal via shell companies.

    Authorities say that he used among the funds to buy luxurious objects, resembling a big dwelling and a Rolls-Royce, each of which have been forfeited.

    Alterman pleaded responsible to conspiracy to commit healthcare fraud and conspiracy to supply and pay kickbacks and is scheduled to be sentenced on April sixteenth. He faces as much as 15 years behind bars.

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    Fraudster Steals $36,000,000 From Medicare, Splurges on Luxurious Gadgets, Giant House and Rolls-Royce – The Day by day Hodl

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