Money laundering is often associated with images of 1930s gangsters like Al Capone, but these charges are still prevalent today. Many often ask the question what is money laundering?
“Money laundering” as it is commonly called, involves the transfer of monies that are a product of criminal activity – whether that activity is drug trafficking related or white collar crime related. Although there is a fairly broad definition of money laundering, the federal money laundering laws were enacted to attempt to take the profit out of criminal activity.
Congress has passed several laws over the years to prevent profits of criminal activity from being utilized, such as Currency Transaction Reports. The Anti-Money Laundering Statutes criminalizes the movement and use of profits/wealth created by criminal activity. See Title 18, United States Code, Sections 1956 and 1957.
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A federal jury said two Miami-Dade doctors and two medical assistants filed $5.3 million in bogus Medicare claims.
By JAY WEAVER
jweaver@MiamiHerald.com
They manipulated blood samples. Falsified medical records. Wrote prescriptions for HIV patients who didn’t need their obsolete drugs.
They even tossed out the infusion medication but kept the empty bottles in case Medicare investigators ever checked out their fraudulent clinics. On Tuesday, a federal jury convicted two Miami-Dade doctors and two medical assistants of plotting to submit millions of dollars in bogus bills to Medicare — a fraud case that stands out because one defendant allegedly tried to flee near the end of the trial.
The 12-person jury found Dr. David Rothman, Dr. Keith Russell, Eda Marietta Milanes and Jorge Luis Pacheco guilty of conspiring to commit fraud and other charges for filing $5.3 million in false HIV-therapy claims with the nation’s healthcare program.
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