A man on the FBI’s Most Wanted Fraudsters list, accused of a scheme to defraud Medicare of $547 million, was arrested by authorities on Monday.
The foreign national, Khalid Satary, 54, owned and operated multiple diagnostic testing laboratories in the United States between 2016 and 2019 that billed Medicare for “expensive and medically unnecessary genetic tests,” the Department of Justice (DOJ) said in a July 21 statement.
Satary is accused of conspiring with several patient recruiters and telemarketing services to generate unnecessary cancer genetic test samples that were reimbursed by Medicare at the rate of $10,000 to $20,000 per sample.
To run the operation, Satary allegedly paid millions of dollars in bribes and illegal kickbacks to patient recruiters and doctors….