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Lab owner who defrauded Medicare to forfeit $187 million, Ferrari

From cnbc.com

A Miami federal judge ordered a lab owner convicted of defrauding Medicare to forfeit more than $187 million worth of proceeds from the scam, including $30 million in cash, a 2018 Ferrari Spider and real estate, the U.S. Department of Justice said Wednesday. The lab owner, Minal Patel of Atlanta, was sentenced in August to 27 years in prison for filing nearly $500 million in false claims to Medicare for sophisticated, and expensive, cancer genetic tests. Medicare is the federally run program that provides health coverage to primarily older Americans. The DOJ said Wednesday that the 44-year-old conspired with ... (full story)

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