Medicare Scam Lands Florida Man 5 Years

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NEW YORK, NY – Ted Albin, a Florida man, is headed to federal prison for five years after a New York jury convicted him of masterminding a multi-million dollar Medicare scam. U.S. Attorney Jay Clayton announced the sentencing today, calling the scheme a blatant theft from every New Yorker.

The feds say Albin, operating out of a billing company called Grapevine Professional Services, flooded Medicare with bogus claims for braces – back, knee, wrist, and shoulder – between 2016 and 2021. The total billed to Medicare topped $38 million, with the government ultimately paying out over $12 million for equipment patients didn’t need, and often didn’t even receive.

Court documents reveal Albin wasn’t just billing for useless braces; he was fueling the fraud with kickbacks to DME supply companies, some of which he secretly owned alongside his sister, Erin Foley. The prescriptions used to justify the claims? Many were illegally bought and paid for, and shockingly, riddled with forged doctor’s signatures. Albin knew the whole operation was crooked, prosecutors argued during the 12-day trial before Judge John G. Koeltl, but continued raking in cash for years.

“This wasn’t a mistake,” a source close to the investigation told Grimy Times. “This was a calculated effort to siphon money from a system meant to care for the sick and elderly.”

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