A man in Florida is pleading guilty to defrauding Medicare out of tens of millions of dollars in a ‘Doctor Chase’ scheme. The U.S. Department of Justice (DOJ) saysA man in Florida is pleading guilty to defrauding Medicare out of tens of millions of dollars in a ‘Doctor Chase’ scheme. The U.S. Department of Justice (DOJ) says

Fraudster Steals $36,000,000 From Medicare, Splurges on Luxury Items, Large Home and Rolls-Royce

2 min read

A man in Florida is pleading guilty to defrauding Medicare out of tens of millions of dollars in a ‘Doctor Chase’ scheme.

The U.S. Department of Justice (DOJ) says 38-year-old Sean Alterman has admitted to running a healthcare fraud scheme that involved fraudulent claims made to Medicare.

Authorities say that Alterman, who owned and operated two healthcare labs, used his companies to purchase orders for expensive genetic testing from patient recruiters who used deceptive tactics to persuade patients to take the tests – all while billing Medicare.

To help his scheme, Alterman employed a tactic known as ‘doctor chasing,’ or sending doctors misleading requests designed to trick them into signing off on the tests.

Using this method, Alterman used his two companies to receive $36 million worth of medical claims from Medicare, claiming $5.5 million as his own through shell corporations.

Authorities say that he used some of the funds to purchase luxury items, such as a large home and a Rolls-Royce, both of which have been forfeited.

Alterman pleaded guilty to conspiracy to commit healthcare fraud and conspiracy to offer and pay kickbacks and is scheduled to be sentenced on April 16th. He faces up to 15 years behind bars.

Follow us on X, Facebook and Telegram
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Surf The Daily Hodl Mix
[adinserter block="1"] [adinserter block="5"]  
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The post Fraudster Steals $36,000,000 From Medicare, Splurges on Luxury Items, Large Home and Rolls-Royce appeared first on The Daily Hodl.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Trump foe devises plan to starve him of what he 'craves' most

Trump foe devises plan to starve him of what he 'craves' most

A longtime adversary of President Donald Trump has a plan for a key group to take away what Trump craves the most — attention. EX-CNN journalist Jim Acosta, who
Share
Rawstory2026/02/04 01:19
3 Crypto Trading Tips That Work

3 Crypto Trading Tips That Work

The post 3 Crypto Trading Tips That Work appeared on BitcoinEthereumNews.com. Crypto News 21 September 2025 | 01:45 Learn the three essential steps to move from beginner to professional trader in crypto: build knowledge, develop strategy, and spot opportunities early. Everyone starts somewhere in crypto trading, often with nothing more than a small deposit and a lot of curiosity. But while many beginners give up their first losses, some hone their skills and eventually trade like a pro. Notably, the difference isn’t luck. Instead, it is the capacity to learn and be disciplined and recognize opportunity. In today’s presale markets, MAGACOIN FINANCE has got a name as a project that can accelerate that journey. This brings out the role that smart positioning plays as much a part as strategy itself. Build a Solid Foundation Interestingly, professional traders do not emerge overnight. They begin by learning the fundamentals, from how exchanges work to the reasons why tokens have different utilities. Understanding blockchain fundamentals, supply mechanics, and tokenomics is essential. It helps prevent beginners from making costly mistakes when chasing hype or purchasing tokens with weak fundamentals. In addition, technical analysis is also part of this foundation. Even simple tools such as support and resistance levels, moving averages, and trading volume are of use in adding structure to a volatile market. Traders that learn these tools early can make decisions based on patterns rather than emotions. Develop a Clear Strategy Strategy is one of the biggest gaps between beginners and professionals. Beginners usually move from one hype to the other, while the pros are glued to well-defined methods. Whether it’s day trading or swing trading or holding onto it for the long haul, the important thing is to be consistent about it. Having a plan helps prevent the temptation to make emotional decisions. Fear of missing out and panic selling are common traps.…
Share
BitcoinEthereumNews2025/09/21 06:48
Why Bitcoin Is Struggling: 8 Factors Impacting Crypto Markets

Why Bitcoin Is Struggling: 8 Factors Impacting Crypto Markets

Failed blockchain adoption narratives and weak fee capture have undercut confidence in major crypto projects.
Share
CryptoPotato2026/02/04 01:05