INDUSTRY NEWS:
Medicare Fraud Funds Extravagant South Florida Lifestyle
Published on Thu Jan 28, 2010
Marquez bought $55M worth cars, horses, and diamonds. On Jan 5, 2010, Ihosvany Marquez, of Miami-Dade County, was indicted on charges of conspiring to commit Medicare fraud on a scale rarely seen before. Another defendant in the same case -- Michel De Jesus Huarte -- who had already been indicted in a closely-related Medicare fraud scheme in September 2009, pled guilty in November 2009 according to a press release from the United States Attorney, Jeffrey H. Sloman's office. "This is an absolutely massive Medicare fraud scheme, even by Miami standards," Assistant U.S. Attorney Ryan Stumphauzer said about the case when pushing for a no bond. To this Marquez's lawyer, Michael Walsh replied, "You don't think he's going to use one of these horses to flee?" according to the release. Marquez -- along with Huarte and several other unnamed conspirators -- were siphoning off money from the public exchequer as far back as 2007. The [...]