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Florida businessman convicted in $1B Medicare fraud case

Florida businessman convicted in $1B Medicare fraud case
7 years 2 hours 44 minutes ago Friday, April 05 2019 Apr 5, 2019 April 05, 2019 10:51 AM April 05, 2019 in Sports - AP - National - Basketball

MIAMI (AP) - A federal jury has convicted a Florida health care executive on 20 criminal counts in a $1 billion Medicare fraud scheme.

Jurors reached the verdict Friday after four days of deliberating the fate of 50-year-old Philip Esformes in one of the biggest such cases in U.S. history.

The wealthy Miami Beach businessman operated a network of nursing homes and assisted living facilities in South Florida.

Jurors found him guilty of paying kickbacks and bribes to doctors and administrators so they would refer patients to his businesses. A former Ivy League basketball coach testified Esformes bribed him to get his son into school.

The jury could not decide whether Esformes was guilty of Medicare fraud conspiracy.

Esformes has been jailed since his 2016 arrest and faces a lengthy prison sentence.

Copyright 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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