July 17, 2012
48 Individuals Charged for Massive Medicaid Fraud Scheme Involving the Diversion and Trafficking of Prescription Drugs
New York, NY – U.S. Attorney Preet Bharara, FBI Assistant Director-in-Charge Janice K. Fedarcyk, NYPD Commissioner Raymond W. Kelly, and NYC Human Resources Administration Commissioner Robert Doar announce charges against 48 defendants for their participation in a massive fraud scheme involving the unlawful diversion and trafficking of hundreds of millions of dollars’ worth of second-hand prescription drugs in a national, underground market. The prescription drugs had originally been dispensed to Medicaid recipients, and Medicaid lost more than an estimated $500 million in reimbursements for pills that were diverted.
Press Release
Remarks by U.S. Attorney Bharara
Press Conference Visual (PDF)
U.S. v. Oria, et al. Complaint
U.S. v. Viera, et al. Indictment
March 14, 2012
CityTime Contractor Agrees to Forfeit More than $500 Million
New York, NY - U.S. Attorney Preet Bharara and DOI Commissioner Rose Gill Hearn announce that the U.S. Attorney’s Office has entered into a deferred prosecution agreement with
Science Applications International Corporation, the lead contractor on New York City’s CityTime project. Under the agreement, SAIC will forfeit a total of $500,392,977 to the Department of Justice, and forgive more than $40 million still owed by the City to SAIC in connection with the project.
Press Release
Remarks by U.S. Attorney Bharara
SAIC Deferred Prosecution Agreement (PDF)
Technodyne Civil Forfeiture Complaint (PDF)
February 29, 2012
36 Individuals Charged with Participating in a $279 Million Health Care Fraud Scheme
New York, NY - U.S. Attorney Preet Bharara, FBI Assistant Director-in-Charge Janice K. Fedarcyk, and NYPD Commissioner Raymond W. Kelly announce charges against 36 defendants involved in a systematic scheme to defraud private insurance companies of more than $279 million under New York’s no-fault automobile insurance law. The alleged scheme is the largest single no-fault automobile insurance fraud ever charged, and the first case of its kind to allege violations of the Racketeer Influenced and Corrupt Organizations Act (“RICO”).
Press Release
Remarks by U.S. Attorney Bharara
Press Conference Visuals (PDF)
U.S. v. Zemlyansky, et al. Indictment (PDF)
January 18, 2012
Seven Charged for Insider Trading Scheme that Allegedly Netted More than $61.8 Million in Illegal Profits
New York, NY – U.S. Attorney Preet Bharara and FBI Assistant Director-in-Charge Janice K. Fedarcyk announce charges against seven investment professionals for engaging in a scheme in which they provided each other with material, non-public information about two publicly traded technology companies. The alleged insider trading scheme is the largest charged to date involving a single stock.
Press Release
Remarks by U.S. Attorney Bharara
Press Conference Visuals (PDF)
U.S. v. Newman, et. al. Complaint (PDF)
U.S. v. Jesse Tortora Information (PDF)
U.S. v. Spyridon Adondakis Information (PDF)
U.S. v. Sandeep Goyal Information (PDF)
