, Terrence Williams — a six-year NBA vet who was selected in the first round by the New Jersey Nets in 2009 — “orchestrated” the scheme by offering to submit “fraudulent invoices” to chiropractors, dentists, and doctors on behalf of the players; the players, in turn, provided Williams with a “kickback” when the claims for the falsified medical procedures were reimbursed by the NBA’s benefits program.
“Williams was the scheme’s lynchpin. He provided the other former players with false invoices for medical and dental procedures that they never received,” United States Attorney Audrey Strauss said at a press conference Thursday. “The defendants’ playbook involved fraud and deception… they will have to answer for their flagrant violations of the law.”
Strauss provided an overview of the scheme: “First, Williams obtained fraudulent medical and dental invoices. Second, he sent those invoices to his co-conspirators, other former NBA players. Third, the co-conspirators submitted the fraudulent invoices to the plan. Fourth, unaware that the plan was fraudulent, the plan paid most of the defendants’ claims. Fifth, in many cases, the players paid kickbacks to Williams.
In all, $3.9 million in false claims were filed, with the players receiving $2.5 million in reimbursements from the fraudulent claims; Williams’ kickback was $230,000, Strauss added. “When one defendant failed to pay Williams his kickback, Williams attempted to frighten the player into re-engaging with Williams by impersonating an employee from the plan’s administrative manager in claiming that there was an issue with the player’s invoice that might require him to pay back the claim.
Strauss also mentioned the case against former Houston Rockets player Greg Smith, who claimed he received $48,000 worth of dental work at a Beverly Hills dentist office on December 20th, 2018; the Attorney’s Office quickly discovered — via box scores — that Smith spent that day playing basketball in Taiwan.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Health Health Latest News, Health Health Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
18 former NBA players, including 'Big Baby' Davis, charged in alleged $4 million health insurance fraudEighteen former NBA players have been arrested and charged with defrauding the NBA's Health and Welfare Benefit Plan out of $4 million, officials familiar with the matter said. I am a graduate student at Columbia University.I got my bachelor degree and graduated from USC.But just because I was a transfer student from HIT WEIHAI to USC, my U.S visa was revoked under P.P.10043 which should be modified or canceled,It is unreasonable. Best wishes to you. Damn! Then NBA too? I recently read that the NFL had a similar situation with Clinton Portis facing 10 years for insurance fraud. It's hard to be sympathetic to millionaires committing insurance fraud. 🤷♂️ For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to her Bowser_51 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success
Source: CNBC - 🏆 12. / 72 Read more »
18 former NBA players arrested by federal authorities in alleged health care scamBREAKING: 18 former NBA players have been arrested and charged with defrauding the NBA’s Health and Welfare Benefit Plan out of $4,000,000, officials say. Now that’s some crucial shit full circle ⭕️🙏🏾
Source: NBCNews - 🏆 10. / 86 Read more »
18 ex-NBA players charged in $4M health care fraud schemeNEW YORK (AP) — Eighteen former NBA players have been charged with defrauding the league’s health and welfare benefit plan out of about $4 million, according to an indictment Thursday. Federal prosecutors planned a news conference to describe the case that was brought in Manhattan federal court. here's a ball, bounce it around, jump, we'll pay you millions per year. Not good enough. They probably assumed that it was legal when the NBA went against norms and values.
Source: AP - 🏆 728. / 51 Read more »
Former NBA Players Charged in $4 Million Health-Insurance FraudShooting guard Terrence Williams was the alleged ringleader among 18 former players who submitted false invoices for medical expenses to the league’s healthcare fund, prosecutors said. American entrepreneurial spirit nipped in the bud. Yet EpiPen price gouging continues on. good
Source: WSJ - 🏆 98. / 63 Read more »