Fifth Tampa man pleads guilty in health care fraud case
The manâs indictment said that he defrauded health care insurers by selling marked-up prescriptions to patients.
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Larry Everett Smith, 50, is accused of conspiring to defraud pharmacy benefit managers out of $175 million by submitting nearly $1 billion worth of fraudulent prescriptions. [ Photo illustration by ASHLEY DYE and MARTHA ASENCIO RHINE | Times ]
Published Jan. 26
A fifth Tampa man pleaded guilty on Monday in one of the biggest health care fraud cases in history.
Larry Everett Smith, 50, is accused of conspiring to defraud pharmacy benefit managers out of $175 million by submitting nearly $1 billion worth of fraudulent prescriptions â all of which were purchased from a telemarketing company, according to a new release from the U.S. Department of Justice. He now faces up to 10 years in prison, with his sentencing set to be held on Oct. 25.