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Pharmaceutical sales representative admits health care fraud conspiracy and conspiring to engage in money laundering and obstruct justice

Pharmaceutical sales representative admits health care fraud conspiracy and conspiring to engage in money laundering and obstruct justice
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Michigan man admits defrauding business opportunity buyers of more than $5 million

CAMDEN, NJ   A Michigan man today admitted defrauding victims of more than $5 million in connection with the sale of medical-related business opportunities, Acting U.S. Attorney Rachael A. Honig announced. Vijay Reddy, of Milan, Michigan, pleaded guilty before U.S. District Judge Robert B. Kugler to an information charging him with one count of conspiracy to commit wire fraud and one count of wire fraud. According to documents filed in this case and statements made in court: From December 2015 through November 2020, Reddy and his conspirators, David Weinstein and Kevin Brown, advertised business opportunities for sale on various websites. They purported to sell blocks of contracts with medical providers who allegedly wanted to outsource their medical billing, collections, appeals, answering, credentialing, or transcription functions. The buyers would then provide the contracted services to the medical providers and earn a profit. The conspirators promised to deliver a specifie

Moorestown, NJ man gets 65 months behind bars in $1 5M scheme

Moorestown, NJ man gets 65 months behind bars in $1.5M scheme CAMDEN A sentence of more than five years in federal prison was handed down Wednesday to a man who previously admitted he bilked investors out of $1.5 million. Brett Cooper, 44, of Moorestown, had pleaded guilty to one count of money laundering, after the U.S. Attorney s Office in Camden alleged that he and two other people set up several fraudulent shell companies, with names like Peninsula Water Development and Dream Holding. The co-conspirators then told prospective investors they could triple their investments in 60 to 90 days, according to authorities. Get our free mobile app

Morris County man admits role in health care fraud conspiracy, conspiring to obstruct justice

April 21, 2021 A Morris County man today admitted defrauding New Jersey county health benefits programs and obstructing justice by seeking to provide false information to federal agents and the grand jury investigating the scheme, Acting U.S. Attorney Rachael A. Honig announced.

Three men charged with conspiracy to defraud victims of more than $3 million

Camden, NJ - A Burlington County resident and a former Camden County resident are among three men charged with conspiring to defraud at least 43 victims out of more than $3 million through the sale of phony business opportunities. David Weinstein, formerly of Cherry Hill, New Jersey, and now of Dallas, Texas; Vijay Vanam Reddy, of Milan, Michigan, and Kevin Brown, of Burlington, New Jersey, are each charged by complaint with one count of conspiracy to commit wire fraud. Reddy was arrested today and is scheduled to appear in Detroit, Michigan, federal court this afternoon. Brown and Weinstein were arrested on Dec. 8, 2020. Brown appeared before U.S. Magistrate Judge Ann Marie Donio in Camden federal court via videoconference on Dec. 8, 2020, and was released on $50,000 bond. Weinstein appeared before U.S. Magistrate Judge Rebecca Rutherford in Dallas federal court on Dec. 9, 2020 and was released.

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