Feds arrest CEO at upscale Houston home he allegedly bought with defrauded funds

HOUSTON, Texas (KTRK) — A man known for loud parties and splashy Instagram posts is spending the night in federal detention after prosecutors alleged he paid for it all by bilking others.

Federal investigators swarmed the front of a $2 million home in Houston’s Afton Oaks neighborhood before dawn on Tuesday and arrested 56-year-old Mohamed Mokbel. The suspect was wearing the same Fendi shirt that’s on his Instagram profile picture. He walked past his Bentley with his name on the vanity plate and his Mercedes next to it. The red Ferrari that’s been the talk of the neighborhood was nowhere to be seen.

Federal prosecutors said Mokbel was able to afford his lavish lifestyle by defrauding $134 million from Medicare funds.

Eyewitness News captured the arrest of Mokbel at his home where multiple law enforcement vehicles, including a SWAT vehicle, were staged in front of his home on Devon Street near Newcastle.

Source: Feds arrest CEO at upscale Houston home he allegedly bought with defrauded funds / ABC 13 Eyewitness News

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