$30M Medicare scheme suspect bought cars, watches, feds say

$30M Medicare scheme suspect bought cars, watches, feds say

The Massachusetts business owner is accused of billing for orders that the beneficiaries did not deem medically necessary or simply could not use.

Owner of medical equipment businesses charged in $30 million health care fraud scheme

Raju Sharma, 61, is the owner of Pharmagears and RR Medco and allegedly billed Medicare patients for equipment the patients did not need.

Massachusetts man charged in $30 million Medicare scam

Defendant allegedly used proceeds to purchase two Ferraris, a Mercedes-Benz Model S, at least three Rolex watches. “BOSTON – The owner of Pharmagears, LLC (Pharmagears) and RR Medco, LLC (RR Medco) has been charged in connection with a nearly $30 million fraud scheme involving medically unnecessary durable medical equipment (DME), including orthotics such as back …

Owner of Durable Medical Equipment Companies Charged in Nearly $30 Million Fraud Scheme

United States Attorney Leah B. FoleyDistrict of Massachusetts FOR IMMEDIATE RELEASE CONTACT: CHRISTINA DiIORIO-STERLINGFebruary 20, 2025 Phone (617) 748-3356www.justice.gov/usao/ma/news.html usama.media@usdoj.gov twitter.com/dmanews1OWNER OF DURABLE MEDICAL EQUIPMENT COMPANIES CHARGEDIN NEARLY $30 MILLION FRAUD SCHEMEDefendant allegedly used proceeds to purchase two Ferraris,a Mercedes-Benz…