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Tricare fraud 'mastermind' sentenced to 18 years in prison


Tricare fraud ‘mastermind’ sentenced to 18 years in prison
Pharmacy owner sentenced for role in Tricare fraud. (Image by serggn)
A Mississippi man described as the “mastermind of the largest health care fraud scheme” in that state’s history has been sentenced to 18 years in prison and ordered to pay nearly $350 million in connection to his role in a scheme to defraud Tricare, Justice officials said.
Wade Ashley Walters, 54, of Hattiesburg, Miss., who earlier pleaded guilty to one count of conspiracy to commit health care fraud and one count of conspiracy to commit money laundering, was sentenced Jan. 15 in federal court in Mississippi, according to an announcement from the Justice Department. He is co-owner of numerous pharmaceutical distributors and compounding pharmacies companies that make individualized medications for people. ....

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Mississippi pharmacy owner gets 18 years in health care fraud case


Mississippi pharmacy owner gets 18 years in health care fraud case
Tim Balk
A Mississippi pharmacy owner who took part in a scheme to defraud Tricare, the military health car program, was sentenced Friday to 18 years in jail.
Wade Ashley Walters, 54, was also ordered to pay more than $287 million, according to the Justice Department.
© Provided by New York Daily News
Mississippi pharmacy owner Wade Ashley Walters, 54 was sentenced Friday.
Mississippi pharmacy owner Wade Ashley Walters, 54 was sentenced Friday.
The Hattiesburg man pleaded guilty in July to one count of conspiracy to commit health care fraud and one count of conspiracy to commit money laundering. He was accused of distributed compounded medications that were medically unnecessary. ....

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