Federal law enforcement officials on Thursday announced that two Ohio state employees and two co-conspirators were indicted in connection with an alleged $30 million Medicaid billing fraud scheme involving children’s behavioral health services that were never rendered.
At a press conference in Ohio, acting Attorney General Todd Blanche said the Medicaid fraud case was just one of several cases unsealed over the last week targeting some $50 million of fraud, including one case involving a $1.4 million COVID-19 loan fraud scheme.
All four defendants involved in the Medicaid fraud case turned themselves in to authorities this week, a source familiar with the investigation told CBS News.
As part of the investigation, 14 vehicles were seized, including a Maserati, a Mercedes, a Bentley and a McLaren, according to the source.
The defendants are alleged to have offered therapeutic behavioral…
This remains the most prevalent form of financial crime globally. It targets the direct access points to your money: your cards and your bank accounts.
- Skimming: Criminals use small devices called “skimmers” placed over ATM or point-of-sale card slots to capture the data from your card’s magnetic strip.
- Card-Not-Present (CNP) Fraud: This occurs during online shopping where a physical card isn’t required. Thieves use stolen card numbers, expiry dates, and CVV codes to make unauthorized purchases.
- Account Takeover (ATO): A hacker gains access to your online banking credentials (often through malware or phishing) and changes the contact details or passwords, locking you out while they drain your funds.