Texas man arrested for $25 million insurance fraud scheme

The FBI arrested a Texas man last week for allegedly scheming to bilk insurance companies for more than $25 million by posing as a physician.

According to the Department of Justice, David Williams, 54, ran the scam between November of 2012 and August of this year.

Williams allegedly advertised on his website that he offered in-home fitness training and therapy. He billed himself as “Dr. Dave” and told potential clients that he accepted most insurance plans.

Source: Texas man arrested for $25 million insurance fraud scheme / Insurance Business Magazine

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