Grimy Times Exclusive
Oscar Sanchez, a 47-year-old Naples resident, has been sentenced to 55 months imprisonment for his role in a health care-fraud and money remitting ring in Florida.
On August 30, 2012, Sanchez pled guilty to conspiring to launder the proceeds of health care fraud. The money laundering conspiracy involved a middleman scheme between individuals engaging in health care fraud and Caribbean Transfers, a company that remitted money from the United States to Cuba.
According to court documents, Sanchez admitted to providing approximately $10 million in cash to individuals who defrauded the Medicare program. This egregious crime has left a significant dent in the Medicare program.
In addition to the 55-month prison sentence, Sanchez will also serve 20 months of home confinement and three years of supervised release. He must also perform 1,600 hours of community service during his first year after his term of imprisonment.
The court also entered a forfeiture order against Sanchez, consisting of a personal money judgment in the amount of $10,000,000. Sanchez will be forfeiting four properties worth about $635,000 and $63,196 in cash to the United States in partial satisfaction of the judgment.
The U.S. Attorney’s Office for the Southern District of Florida commended the investigative efforts of the Florida Department of Law Enforcement, the Federal Bureau of Investigation, and the U.S. Department of Health and Human Services, Office of Inspector General for their work on this case. The case was prosecuted by Assistant U.S. Attorneys H. Ron Davidson and Eloisa Fernandez.
This sentencing serves as a stark reminder of the consequences of engaging in health care-fraud and money laundering activities. Grimy Times will continue to bring you updates on this and other high-profile cases.
Related Federal Cases
- Christopher Gregory Wayne, Health Care Fraud, Conspiracy to Violate Narcotics Laws, Florida 2014 · Florida
- Francisco Enrique Chavez, Health Care Fraud, Florida 2013 · Florida
- Darrell A. Hall, Conspiracy to Distribute a Controlled Substance, Health Care Fraud, Tax Evasion, Ohio 2009 · Florida
- Orlando Pascual Jr., Medicare Fraud, Florida 2023 · Florida
- Juan A. Tony Marrero, Medicare Fraud Scheme, Florida 2023 · Florida
Key Facts
- State: Florida
- Category: Health Care-Fraud|Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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