Lakewood man admits role in $21.7M fraud scheme

Last week in Trenton federal court, Alexander Schleider of Lakewood, admitted his role in a durable medical equipment kickback scheme as well as wire fraud in connection with pandemic relief money.

Schleider, 57, owned and operated durable medical equipment (DME) companies in the state that provided orthotic braces to beneficiaries of Medicare and other federal and private health care benefit programs. According to prosecutors, Schleider and his conspirators obtained prescriptions for the braces through kickbacks and bribes to individuals operating marketing call centers. Prosecutors say the scheme caused losses to Medicare and other health care benefit programs of $21.7 million.

Before Judge Michael Shipp on June 30, Schleider pleaded guilty to an information charging him with one count of conspiracy to commit health care fraud and one count of wire fraud related to the misuse of COVID-19 funds.

Source: Lakewood man admits role in $21.7M fraud scheme / NJ Biz

Leave a Reply

Your email address will not be published. Required fields are marked *