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Federal Jury Convicts Sleep Doctor in Multi-Million-Dollar Insurance Fraud Scheme
['Scott Mcclallen', 'Matt Vespa', 'Josh Hammer', 'Michael Barone', 'Erick Erickson']
Townhall
A federal jury in Boston, Massachusetts, convicted a medical doctor on Tuesday for health care fraud, money laundering, conspiracy to defraud the IRS, and tax evasion.
AdvertisementAccording to court documents and evidence presented at trial, Dr. Pankaj Merchia, of Boca Raton, Florida and Brookline, Massachusetts, was a Harvard-educated sleep doctor who controlled several sleep medicine companies.
Merchia used the proceeds of the fraud to purchase a $2.1 million home in Brookline, Massachusetts.
To defraud the IRS, Merchia fabricated a sham transaction, falsely claiming that he sold his medical businesses back in 2008.
IRS Criminal Investigation and the Insurance Fraud Bureau of Massachusetts are investigating the case.