Skip to main content

Feds: Millions stolen from Medicare wound up in Cuban banking system

By The Miami Herald  
   June 19, 2012

In an unprecedented case, federal prosecutors have charged a Miami man with engaging in a massive money-laundering operation that moved millions stolen from the federal Medicare program into Cuban banks. Prosecutors say Oscar Sanchez, 46, was a key leader in a group that funneled $31 million in Medicare dollars into banks in Havana--the first such case that directly traces money fleeced from the beleaguered program into the Cuban banking system.

Full story

Tagged Under:


Get the latest on healthcare leadership in your inbox.