Indian National Jailed For 9 Years Over $2.8 Million Health Care Fraud

An Indian national was on Tuesday sentenced to nine years of imprisonment for a $2.8 million health care fraud, the US Department of Justice said. Yogesh K Pancholi, 43, a resident of Michigan, owned and operated Shring Home Care Inc., a home health company.

Despite being excluded from billing Medicare, Pancholi purchased Shring using the names, signatures, and personal identifying information of others to conceal his ownership of the company, the Department of Justice said in a release, citing the court documents.

In two months, Pancholi and his co-conspirators billed and were paid nearly $2.8 million by Medicare for services that were never provided, federal prosecutors said. Pancholi then transferred these funds through bank accounts belonging to shell corporations and eventually into his accounts in India, prosecutors alleged.