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New Jersey Man Sentenced to 10 Years for $60M No-Fault Insurance Scam
BIG APPLE, NY – In a major blow to the city’s corrupt insurance industry, Bradley Pierre, a 45-year-old New Jersey man, was sentenced to 10 years in prison for his role in orchestrating a $60 million fraud targeting No-Fault automobile insurance companies in New York.
Pierre’s scheme, which lasted from at least 2008 to 2021, involved a complex web of bribery, manipulation, and deceit that left countless accident victims without the rightful care they deserved. At the center of the scheme were a network of medical clinics, including Veda Medical, Sky Medical, Sun Medical, and Rutland Medical, which were controlled by Pierre and his associates.
According to prosecutors, Pierre and his co-conspirators submitted false bills to insurance companies, claiming that the clinics were owned and operated by licensed doctors when, in fact, they were controlled by non-physicians. The scheme allowed Pierre to siphon off millions of dollars in kickbacks and personal profits, while also steering patients to seek unnecessary medical services and legal representation from his wife’s law firm.
The scheme was so brazen that it even involved falsified MRI reports, which allowed the clinics to bill insurance companies for additional, unnecessary medical services. Pierre’s control of the clinics also allowed him to steer prescriptions to pharmacies in return for over a million dollars in kickbacks.
U.S. Attorney Damian Williams praised the investigative team and career prosecutors for their dedication in bringing Pierre to justice. “Bradley Pierre’s deceitful orchestration of a $60 million fraud targeting No-Fault automobile insurance companies exemplifies a blatant disregard for justice and fairness,” Williams said. “We commend the diligent work of the investigative team and career prosecutors whose dedication ensured accountability in this complex case.”
Pierre pleaded guilty to conspiracy to commit bribery and conspiracy to defraud the Internal Revenue Service in December 2023. His 10-year sentence is a testament to the severity of his crimes and the importance of holding accountable those who exploit the system for personal gain.
The case is a stark reminder of the need for vigilance in the insurance industry and the importance of protecting consumers from scams and fraud. As the city continues to grapple with the aftermath of this massive scam, one thing is clear: justice has been served, and Pierre will be held accountable for his crimes.
Key Facts
- State: New York
- Agency: DOJ USAO
- Category: White Collar Crime
- Source: Official Source ↗
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