Quintan Cockerell, a medical marketer, was convicted for a $55 million fraud scheme targeting the TRICARE program, a federal health care initiative catering to active and retired service members and their families.
Details of the conviction were released by the U.S. Department of Justice.
As part of the scheme, compounded medicines were marketed as custom-made to satisfy individual patient needs.
However, these medicines were concocted with the primary aim of maximizing reimbursements from TRICARE and other federal health care programs, completely disregarding their actual efficacy or patient necessity.
The Department of Justice revealed that Cockerell and other deceitful participants were paid illegal kickbacks to recruit doctors for prescribing these high cost medications.
Source: Medical Marketer Convicted in $55M TRICARE Fraud Scheme in Texas / hoodline