A group of retired NBA players were indicted in the Southern District of New York for allegedly defrauding the league’s healthcare plan through bogus healthcare reimbursement claims.
They are being accused of submitting invoices for healthcare procedures that they never underwent and pocketing the funds they received. According to a statement issued from the Southern District of New York, there are 19 defendants in the case including 18 former players and one of their spouses. The case is being prosecuted by their Complex Frauds and Cybercrime Unit.
They have reportedly been charged with “conspiracy to commit healthcare fraud and wire fraud, in connection with a scheme to defraud the National Basketball Associations (“NBA’s”) Health and Welfare Benefit Plan out of nearly $4,000,000.”
FBI Assistant Director Michael J. Driscoll said that the scheme, “resulted in nearly $2 million in losses to the National Basketball Association’s Health and Welfare Benefit Plan.”