South Fla Man Accused of Laundering Medicare Money

By: AP
By: AP

MIAMI (AP) -- A federal grand jury has indicted a South Florida man for allegedly conspiring to launder millions of Medicare fraud dollars that eventually wound up in Cuba.

Prosecutors said in a motion filed in U.S. District Court Monday in Miami that Oscar Sanchez provided cash to the masterminds behind the fraud for a fee. They then wrote checks or wired the money to shell companies in Canada. That money was then transferred to Trinidad and eventually to the Cuban banking system.

Sanchez is a U.S. citizen and Cuban national. His attorney did not immediately return calls for comment.

Prosecutors are seeking more than $22 million in Sanchez's property. If convicted, he could face 13 years in prison.
The case is part of a $375 million in health care fraud investigation.

AP-WF-06-18-12 2042GMT


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