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Tampa Man Sentenced to 9 Years for Role in $48M Health Care Fraud Scheme
ATLANTA – A Florida man has been sentenced to 9 years in federal prison for his role in a massive health care fraud scheme that cost Medicare more than $48 million. Nagaindra Srivastav, 58, of Tampa, was sentenced by U.S. District Judge Steve C. Jones to 9 years in prison, to be followed by 3 years of supervised release.
Srivastav was convicted of conspiracy to pay and receive kickbacks, as well as solicitation and receipt of kickbacks. He was found guilty of selling fake doctors’ orders to his co-conspirators, who used the orders to obtain millions of dollars in fraudulent payments from Medicare.
According to prosecutors, Srivastav was the owner of B2B Apps Solutions, a Florida-based company that operated an internet-based platform for the purchase and sale of physician orders for durable medical equipment. Srivastav paid and received remuneration for the referral of federal health care business and offered and sold leads, which he obtained through call centers controlled by himself and his co-conspirators.
The scheme was used to obtain more than $48 million in fraudulently obtained payments from Medicare. Srivastav was ordered to pay restitution in the amount of $48,150,692.49.
U.S. Attorney Ryan K. Buchanan praised the sentencing, saying, ‘Srivastav knowingly sold fake doctors’ orders to conspirators around the United States. These orders were used to cause massive losses to the Medicare program and to taxpayers.’
Keri Farley, Special Agent in Charge of the FBI’s Atlanta field office, added, ‘Health care costs are driven up when doctors and staff bill for unnecessary services and the FBI and our partners will continue to use every resource in our power to stop it.’
Tamala Miles, Special Agent in Charge with the Department of Health and Human Services, Office of Inspector General (HHS-OIG), said, ‘This individual exploited the Medicare program for personal financial gain. Not only does this behavior undermine the integrity of federal health care programs; it also wastes valuable taxpayer dollars.’
Key Facts
- State: Georgia
- Category: Fraud & Financial Crimes|White Collar Crime|Health Care Fraud
- Source: DOJ Press Release â†â€â€
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