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CRACKDOWN $295M Medicare Fraud Busted Jacquelyn Martin / AP Photo

$295M Medicare Fraud Busted

Medicare crime doesn’t pay. On Wednesday the Justice Department charged 91 doctors, nurses, and other medical professionals in a crackdown on a Medicare fraud that spanned eight cities nationwide. The scheme racked up $295 million in fake bills. The crimes committed range from laundering funds to defrauding the program by violating anti-kickback statutes. "From Brooklyn to Miami to Los Angeles, the defendants allegedly treated the Medicare program like a personal piggy bank," the head of the Justice Department’s criminal division said in a press conference.

September 7, 2011 4:23 PM