According to the U.S. Attorney’s Office, a man from North Carolina has pleaded guilty on Monday to participating in a $100 million health care fraud scheme. He admitted to conspiring to launder more than $3 million as part of the scheme.
According to court documents, Chaudhry Shabbir Ahmed collaborated with an accomplice to create a false impression of owning two medical supply companies: Dune Medical Supply in High Point and Prospect Health Solutions in Fort Lauderdale, Florida.
According to officials, Ahmed and his partner employed a deceptive tactic by using a counterfeit purchase agreement to give the appearance that Ahmed was in control, despite the fact that his partner was still managing the businesses.
Ahmed, after being listed as the official owner on crucial documents, including paperwork sent to Medicare, was involved in a fraudulent scheme. From April to August 2024, the two companies submitted false claims amounting to over $100 million. These claims were for medical equipment that patients did not receive, request, or require, and that doctors never ordered, according to officials.
According to court documents, before the scheme was exposed, Medicare had sent over $33 million in payments to bank accounts registered under the names of Dune and Prospect. Ahmed, who had access to these accounts, allegedly made significant cash withdrawals. On June 30, 2024, he reportedly withdrew $400,000, followed by another $500,000 on August 9, 2024.
Ahmed has agreed to relinquish more than $17.6 million, a Rolex watch, and seized cryptocurrency as part of his plea deal.
Ahmed will be sentenced on June 24 at 9:30 a.m. in Greensboro. If convicted, he could potentially face a maximum of five years in prison, along with three years of supervised release and financial penalties.