Newark, N.J. – The grimy truth surfaces as Thomas Farese, 83-year-old from Fort Lauderdale, is locked up for 24 months for his role in a massive healthcare fraud and kickback scheme involving durable medical equipment (DME).
Farese, who previously pleaded guilty to money laundering, invested in a DME supply company run by Aaron Williamsky, Nadia Levit, and others. The scam bilked Medicare and insurers out of millions for unnecessary orthotic devices. Upon learning of the arrests, Farese funneled $495,000 into his account.
Judge Michael E. Farbiarz sentenced Farese to 24 months in prison plus six months of home confinement, ordering him to pay $1,314,000 in restitution and forfeiting the fraudulent proceeds. Patsy Truglia, Farese’s business partner, was convicted for his role.
Acting U.S. Attorney Alina Habba hailed the efforts of the FBI, HHS-OIG, and DoD-DCIS in the investigation, while Assistant U.S. Attorneys Jessica R. Ecker and Darren C. Halverson led the prosecution.
Farese’s defense was handled by James R. Froccaro, Esq.
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Key Facts
- State: New Jersey
- Agency: DOJ USAO
- Category: Fraud & Financial Crimes|White Collar Crime
- Source: Official Source ↗
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