Texas Top Ten Insurance Fraud Cases – The Doc’s is the Worst
Posted by GruntDoc on December 23rd, 2007
Apologies to Kevin, MD, here’s another in the Doctors Gone Wild series:
Top Ten Insurance Fraud Cases – Fiscal Year 2007
Ira Klein, a former doctor from Houston, developed several schemes to defraud health insurers, including billing for services not rendered, unbundling pharmaceutical drugs and selling them at a substantial profit and up-coding. Klein was convicted in federal court on 44 counts of mail fraud and sentenced to serve 135 months in prison for his part in defrauding health insurers of more than $10 million dollars. Prior to his Texas court appearance, Klien was arrested in Florida for setting fire to a $3.2 million dollar house he purchased for his wife. Then while awaiting trial in a Texas jail, Klein attempted to execute a murder-for-hire plot against the federal prosecutor, FBI agent and wife number six. It was unfortunate for Klein who lost another $250,000 after the government forfeited the money he wired to pay for the murder-for-hire plot. Authorities also seized in excess of $10 million of Klein’s assets; those funds will be used to offset the court ordered restitution of $11 million dollars.
10 million? That’s a lot of procedures, and a lot of bills. I’m not surprised this got investigated.
Via Sleepless in Midland who had a more personal response.
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December 30th, 2007 at 6:00 pm
He got an honorable mention in a Barron’s stock picking contest back in the ’80s. And at one point in his career he advertised his services as a forensic expert — I think it was in the Texas Bar Journal. He was smart and articulate, and maybe he thought he was too smart to get caught.
June 8th, 2008 at 5:00 am
Doctors do schemes all the time. All the unneeded testing to make an extra few dollars