A Laredo ophthalmologist has been indicted on health care fraud and money laundering charges, the U.S. Attorney’s Office said.
Dr. Michael Hochman appeared in court Thursday. He has an arraignment set for Oct. 12 before U.S. Magistrate Judge Christopher dos Santos.
A federal grand jury returned the indictment Sept. 27. Hochman faces up to 10 years in prison for one count of health care fraud. He also faces four counts of money laundering punishable with up to 20 years in prison.
All charges carry a possible $250,000 maximum fine.
The FBI, Texas Attorney General’s Office – Medicaid Fraud Control Unit, Defense Criminal Investigative Services, Department of Health and Human Services – Office of Inspector General (OIG) and Veteran Affairs – OIG conducted the investigation.
Source: Local ophthalmologist charged with fraud, money laundering / LMTonline