Texas health firm owner pleads guilty: $374M fraud - Dallas News | myFOXdfw.com

Texas health firm owner pleads guilty: $374M fraud

DALLAS (AP) - The owner of a North Texas home health services company has pleaded guilty in a $374 million Medicare billing scheme linked to an indicted doctor.

Prosecutors in Dallas say Cyprian Akamnonu of Arlington pleaded guilty Thursday to conspiracy to commit health care fraud.

Dr. Jacques Roy faces trial next June on charges he ran a Medicare and Medicaid fraud scam and signed off on false paperwork. Roy is charged with conspiracy, obstructing justice, fraud and making false statements.

Records show Akamnonu since 2006 operated Ultimate Care Home Health Services Inc. Investigators say the businessman and others recruited people as Medicare beneficiaries for unneeded services.

Akamnonu faces up to 10 years in prison when sentenced next year. He must forfeit 21 properties, four vehicles and some personal and business funds.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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