Owner of Long Island ambulette services pleads guilty to leading multimillion dollar healthcare fraud scheme

Earlier today, in federal court in Central Islip, Adnan Arshad, also known as “Eddie,” pleaded guilty to conspiracy to commit healthcare fraud and conspiracy to commit money laundering in connection with a scheme to steal approximately $20 million from Medicaid. The proceeding was held before United States Magistrate Judge Anne Y. Shields. When sentenced, Arshad faces up to 20 years’ imprisonment, restitution of at least $16 million, and forfeiture of over $19 million, including several real properties and vehicles.  Read More