Over 1 million stolen identities of Americans were used to make false Medicare claims, stealing $14.6 billion dollars from American taxpayers
– $14.6 billion in false claims
– Pakistani executives charged in Illinois for $703 million scheme using stolen Medicare data
– DOJ charged 324 defendants including 96 licensed medical professionals, doctors, nurses, pharmacists
– 50 federal districts
– Foreign criminal networks tried to steal $10 billion+ from Medicare using hacked data and stolen identities
– $4.41 billion in fraudulent claims held in escrow with $900 million already paid to criminals
– 15 million+ illegally diverted opioid pills prescribed via fake telemedicine
– Staged car crashes used to defraud insurers — one Florida ring alone: $4.7 million
– $245 million in assets seized, including cryptocurrency
– 205 providers suspended pre-takedown
– Transnational fraud rings used burner phones, fake clinics, and crypto laundering
– Matthew Galeotti, the head of the U.S. Department of Justice’s Criminal Division
Over 1 million stolen identities of Americans were used to make false Medicare claims, stealing $14.6 billion dollars from American taxpayers
– $14.6 billion in false claims
– Pakistani executives charged in Illinois for $703 million scheme using stolen Medicare data
– DOJ… pic.twitter.com/718JvcH01W— Wall Street Apes (@WallStreetApes) November 8, 2025