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Home Health

Georgia man forfeits Ferrari, money for Medicare fraud

INBV News by INBV News
October 4, 2023
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Georgia man forfeits Ferrari, money for Medicare fraud
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Exhibit from court record: red 2018 Ferrari Spider.

Source: U.S. DOJ

A Miami federal judge ordered a lab owner convicted of defrauding Medicare to forfeit greater than $187 million value of proceeds from the scam, including $30 million in money, a 2018 Ferrari Spider and real estate, the U.S. Department of Justice said Wednesday.

The lab owner, Minal Patel of Atlanta, was sentenced in August to 27 years in prison for filing nearly $500 million in false claims to Medicare for stylish, and expensive, cancer genetic tests.

Medicare is the federally run program that gives health coverage to primarily older Americans.

The DOJ said Wednesday that the 44-year-old conspired with telemedicine corporations, call centers and patient brokers to persuade Medicare beneficiaries to take the genetic tests through his company LabSolutions.

Telemedicine doctors robo-signed prescriptions for the tests though they didn’t evaluate the patients and infrequently didn’t even speak to them, in accordance with the DOJ.

Medicare paid out greater than $187 million in false claims for the tests.

Along with the Ferrari, which he bought for nearly $400,000, Patel also will forfeit a Land Rover Range Rover that he purchased for $215,000, in accordance with court documents.

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