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Domenic Gatto and Banyan Cay Resort and Club (Linkedin, iStock, Banyan Cay)
The developer of Banyan Cay Resort and Club in West Palm Beach was charged in connection with a $65 million national healthcare fraud.
Whether this spells trouble for the mega-project remains unclear.
Domenic Gatto faces one count of conspiracy to commit healthcare fraud in connection to an alleged scheme to place unnecessary orders for orthotic braces for Medicare beneficiaries, The Palm Beach Post reported.
Gatto, who was one of five charged, has surrendered. But he entered no plea and has not been formally indicted. The 46-year-old Palm Beach Gardens resident appeared in front of a federal magistrate in New Jersey via video from the West Palm Beach federal courthouse.