$295M Medicare Fraud Busted

    Attorney General Eric Holder speaks about Medicare fraud enforcement at the Justice Department in Washington, Wednesday, Sept. 7, 2011. A nationwide law enforcement crackdown has charged 91 people _ including doctors and other medical professionals _ with participating in Medicare fraud schemes involving $295 million in false billing.  (AP Photo/Jacquelyn Martin)

    Jacquelyn Martin / AP Photo

    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.

    Read it at CNN