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Florida Lab Owner Pleads Guilty in $52 Million Medicare Testing Fraud, Forfeits Estate and Rolls-Royce

Prosecutors cite deceptive telemarketing paired with falsified doctor requests as the engine of the fraud.

Overview

  • Sean Alterman, 38, pleaded guilty on Jan. 15 to conspiracy to commit health care fraud and conspiracy to offer and pay kickbacks.
  • His laboratories, Live Beyond Medical MGMT and Dynix Diagnostics, submitted about $52 million in false genetic-testing claims to Medicare, which paid roughly $36 million.
  • Alterman personally received about $5.5 million, including through shell companies Shivv LLC and Shank LLC, according to court documents.
  • Under the plea, he agreed to forfeit a Lake Worth estate and a 2022 Rolls-Royce Ghost purchased with funds traceable to the scheme.
  • Sentencing is set for April 16, with a statutory maximum of 15 years in prison, and the FBI and HHS-OIG investigated the case under the DOJ Fraud Section’s Health Care Fraud Strike Force.