Chaudhry Shabbir Ahmed pled guilty on Monday to conspiring to launder over $3 million as part of a $100 million health care fraud scheme. Ahmed worked with an unnamed individual to falsely appear as the owner of two medical supply businesses: Dune Medical Supply in High Point, North Carolina, and Prospect Health Solutions in Fort Lauderdale, Florida. The two used a fake purchase agreement to make it seem like Ahmed was in charge, while his partner continued to operate the businesses.
With Ahmed listed as the owner on documents submitted to Medicare, the companies filed over $100 million in false claims between April and August 2024 for medical equipment patients never received or needed.
north Carolina man pleads guilty
Medicare sent over $33 million in payments to bank accounts under the names of Dune and Prospect before the fraud was uncovered.
Ahmed had access to these accounts and withdrew large sums of money, including $400,000 on June 30, 2024, and $500,000 on August 9, 2024. As part of his plea deal, Ahmed agreed to forfeit over $17.6 million, a Rolex watch, and cryptocurrency seized during the investigation. His sentencing is set for June 24 in Greensboro, where he could face up to five years in prison, three years of supervised release, and financial penalties.
The Department of Health and Human Services-Office of the Inspector General and the Federal Bureau of Investigation are investigating the case, which is being prosecuted by Assistant U.S. Attorneys Rebecca Mayer, JoAnna McFadden, and Ashley Waid.