A massive $110 million sham has landed a telemedicine tycoon in the hot seat with the feds.
Steven Richardson, a 40-year-old from Parkland, Florida, is the big fish who’s agreed to plead guilty to a single count of conspiracy to commit health care fraud.
This telemed trickster, through his firms Expansion Media and Hybrid Management Group, orchestrated a convoluted scheme, targeting unsuspecting Medicare beneficiaries and cashing in on needless medical gear that most of them never actually needed, as per court documents obtained by the Department of Justice.
Richardson’s racket, running from March 2016 to January 2023, revolved around a web of telemarketers and medical pros who were apparently more interested in the size of their bank accounts than the well-being of their patients.
Source: Medicare’s $110M Misery, Telemed Tycoon Tangles With Feds in Florida Fraud Fiasco / hoodline