CCO jailed 4 1/2 years for role in $50M Medicare fraud

DOJ building

The chief compliance officer of a defunct pharmacy holding company was sentenced to 4 1/2 years in prison after being found guilty of conspiracy to commit healthcare fraud and wire fraud earlier this year.

Steven King, of Florida, was convicted by a federal jury in June for his misconduct at A1C Holdings regarding more than $50 million in false and fraudulent claims submitted to Medicare.

In addition to his prison sentence, King must pay $21.7 million in restitution, the Department of Justice (DOJ) announced in a press release Thursday.

THIS IS MEMBERS-ONLY CONTENT

SINGLE MEMBERSHIP                                             CORPORATE MEMBERSHIP

You are not logged in and do not have access to members-only content.

If you are already a registered user or a member, SIGN IN now.