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4M Pharmaceutical CEO Mohamed Mokbel s home raided in $134M Medicare fraud case

Prosecutors: Houston CEO funded lavish lifestyle with $134 million in Medicare fraud

Prosecutors: Houston CEO funded lavish lifestyle with $134 million in Medicare fraud By KTRK staff | March 10, 2021 at 12:51 PM EST - Updated March 10 at 1:06 PM HOUSTON (KTRK) - A Houston man known for loud parties and splashy Instagram posts showing off his lavish lifestyle is in federal detention Tuesday, along with his accountant. Prosecutors allege he paid for his Bentley and $2 million mansion through a massive Medicare fraud scheme. A pre-dawn raid at a home the neighbors know better as a late-night party house. Nobody expected that the owner, 4M Pharmaceuticals CEO Mohammed Mokbel, would be led away in handcuffs, facing serious federal charges.

Pharmacy owner and accountant indicted in $134M health care fraud scheme

Pharmacy owner and accountant indicted in $134M health care fraud scheme
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