NORRISTOWN — The former owner of an East Norriton Township home care agency was sent to prison for her role in a $1.7 million Medicaid fraud scheme.
Stephanie Mobley, 54, of the 700 block of Crooked Lane in the King of Prussia section of Upper Merion Township, was sentenced in Montgomery County Court to 17 months to 10 years in the State Correctional Institution at Muncy after she pleaded guilty to charges of Medicaid fraud and theft by deception false impression in connection with incidents that occurred between January 2020 and October 2023 during her association with ComfortZone Home Health Care LLC, located in the 200 block of West Germantown Pike in East Norriton.
Judge Wendy G. Rothstein also ordered Mobley to share with her co-defendants in paying $1,760,883 in restitution in connection with the case.
Mobley was one of 20 people charged, along with the agency itself, by the…
Investment fraud targets the human desire for financial growth by promising high returns with “low to no risk.”
- Ponzi Schemes: Named after Charles Ponzi, these schemes pay “returns” to earlier investors using the capital brought in by newer investors. There is no actual underlying business; the system collapses when new recruitment slows down.
- Pyramid Schemes: Similar to Ponzi schemes, but participants are usually required to sell a product or service. The primary “profit” comes from the recruitment fees of new members rather than actual product sales.
- Pump and Dump: Fraudsters spread false, positive rumors about a cheap stock (the “pump”) to drive up the price. Once the price peaks, they sell their shares (the “dump”), leaving other investors with worthless stock.