1 Million identities were stolen by Russia, Estonia, the Czech Republic and other European countries who then conducted the largest health insurance fraud scheme ever uncovered in American history.
The fraud network operated through companies in the United States with the money moved to countries like China, Singapore, and Turkey,
The DOJ announcing that the criminals – located in other countries – submitted $10.6 billion in fraudulent claims to Medicare. – after stealing American identities
The transnational crime organization was taken down by “Operation Gold Rush” with authorities seizing cash, luxury vehicles, and properties, and vowing to return money that was stolen from American taxpayers.
Kash Patel saying that hundreds of defendants and medical professionals have been charged, and $15 billion in losses have been prevented
The group allegedly purchased more than 30 legitimate U.S. companies, transforming them into fronts for billing Medicare for durable medical equipment (DME), such as catheters, that were never provided.
The operation prevented Medicare from paying out all but about $41 million of the $4.45 billion scheduled, with $4.41 billion held in escrow to be returned to the Medicare trust fund.
The scheme’s reach extended beyond Medicare, with about $1 billion paid by supplemental insurance companies.
It also involved over 7,000 physicians and legitimate businesses.
This takedown marks a departure from the “pay and chase” model to a “stop and caught” approach
