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Investigations Newsletter: Pharmacy Owner and Accountant Indicted in $134m Health Care Fraud Scheme | Arent Fox


Headlines that Matter for Companies and Executives in Regulated Industries
Pharmacy Owner and Accountant Indicted in $134m Health Care Fraud Scheme
Mohamed Mokbel and Fathy Elsafty, of Houston, Texas, were arrested on charges of money laundering, health care fraud, and conspiracy to commit health care fraud for their participation in an alleged pharmacy fraud scheme.
Mokbel served as CEO of 4M Pharmaceuticals, Inc., the parent company of several retail pharmacies that operated in Texas and Florida, and Elsafty was 4M Pharmaceutical’s accountant and tax preparer. Both individuals had ownership interests in the retail pharmacies.
According to the indictment, 4M Pharmaceutical employees operated as call center employees to solicit Medicare, Medicaid, and commercial insurance patients nationwide by offering patients medically unnecessary diabetic supplies and topical creams. Even though many patients rebuffed the solicitation attempts, 4M Pharmaceuticals and its subs ....

Florida , United-states , Houston , Texas , Pennsylvania , San-antonio , Dmitry-royzman , Mohamed-mokbel , Hugoa-rojas , Fathy-elsafty , Housing-choice-voucher-program , Health-care-fraud-scheme

Detailed text transcripts for TV channel - DW - 20180814:08:18:00

A slight recovery the lira remains under pressure last week let s not forget the turkish currency had a record low against the dollar and it has lost more than forty percent of its value since the start of the year the fallout from the liras plunge and the euro to a new thirteen months low and is hammering emerging market currencies as investors worry about contagion ever since that failed coup attempt in twenty sixteen turkey s central bankers have resisted raising interest rates despite a double digit inflation problem that is now hitting the people on the streets where it hurts most. new stock at last for pharmacy owner who then has to do the relief a month off if palpable. loss in value against the dollar has made some products like this medication to fight high blood pressure hard to come by. the truckload was the first sign that something was wrong was that we were no longer getting discounts on large orders right around one hundred types of medication you can no ....

Currency , Lira , Turkey , Pressure , Dollar , Value , Recovery , Market-currencies , Investors , Euro , Record , Hammering

Detailed text transcripts for TV channel - FOXNEWS - 20140303:01:45:00

Is that basically what this bill would have protected them from? the bill, 1062 would have protected the photographer, the florist, from having to participate. it basically approving a same-sex commitment ceremony or wedding. or you take the pharmacy owner who doesn t want to distribute abortion medication, morning after pills. the nutshell was business owner, individual, should be able to live according to their faith and not have the government compel them. this is about government coercion and what the power of the law is going to be. simple clarification to our law. now, bluntly, you have been accused of a lot of stuff over the last week. are you homophobic? no. are you a hater? no. do you want to see people put out of business or destroyed or discriminated against? absolutely not. i have a great concern that we as americans have freedom to exercise ourreligious beliefs and we re not confined to the four walls of our church. ....

Bill , Commitment-ceremony , Photographer , Florist , 1062 , Wasn-ta-party , Wedding , Faith , Business-owner , Doesn-t , Abortion-medication , Pharmacy-owner

Detailed text transcripts for TV channel - FOXNEWS - 20140303:08:45:00

would have protected the photographer, the florist from having to participate in basically approving a same sex commitment ceremony or wedding. you take the pharmacy owner who doesn t want to distribute abortion medication, this individual should be able to live world to their faith and not have the government compel them. this is about the government coercion and what the power of the law is going to be. bluntly, you ve been accused of a lot of stuff over the past week or so. are you homophobic? no. are you a hater? no. do you want to see people put out of business and destroyed or discriminated against? absolutely not. i have a great concern that we as americans, that we have the freedom to exercise our religious belief and we re not confined to the four walls of our church, that every american whether you have faith or no faith that you have the freedom to do what our founders intended ....

Photographer , Wedding , Sex , Pharmacy-owner , Commitment-ceremony , Florist , World , Wasn-ta-party , Law , Faith , Individual , Doesn-t

Detailed text transcripts for TV channel - FOXNEWS - 20140303:04:45:00

Have protected them from? it would have protected the photographer, the florist from having to participate in basically approving a same sex commitment ceremony or wedding. you take the pharmacy owner who doesn t want to distribute abortion medication, this individual should be able to live world to their faith and not have the government compel them. this is about the government coercion and what the power of the law is going to be. bluntly, you ve been accused of a lot of stuff over the past week or so. are you homophobic? no. are you a hater? no. do you want to see people put out of business and destroyed or discriminated against? absolutely not. i have a great concern that we as americans, that we have the freedom to exercise our religious belief and we re not confined to the four walls of our church, that every american whether you have faith or no faith that you have the freedom to do what our founders intended ....

Photographer , Wedding , Sex , Pharmacy-owner , Commitment-ceremony , Florist , World , Government , Law , Faith , Doesn-t , Individual