No bail for alleged leader in $1B Florida health care fraud — biggest in U.S. history

A businessman accused of orchestrating a $1 billion Medicare and Medicaid fraud scheme in South Florida will be staying in jail until his trial. A Miami federal judge on Friday denied bail for 47-year-old Philip Esformes, finding he was a flight risk and might obstruct the ongoing investigation. Esformes faces a potential life prison sentence if convicted of multiple fraud, conspiracy and other charges.