A Lake Charles, La., doctor has pleaded guilty to defrauding Medicare, Medicaid and private insurance companies out of nearly $1 million.
U.S. Attorney Stephanie A. Finley says Dr. Lynn E. Foret entered the plea Thursday before U.S. District Judge Richard T. Haik.
According to the bill of information, the 63-year-old Foret injected his patients’ knees with a steroid solution while falsely billing and receiving payments for a more costly drug called Hyalgan. From 2003 to 2009, he received reimbursements totaling $948,249.11.
Foret, who specialized in orthopedic surgery, closed his practice in December.
Foret faces up to 10 years in prison, a $250,000 fine, restitution and three years of supervised release. A sentencing date has not been set.
Was this article valuable?
Here are more articles you may enjoy.
OpenAI And Microsoft Sued Over Murder-Suicide Blamed on ChatGPT
JPMorgan Wins Gender Pay Gap Dispute Against London Analyst
What The Return of California’s ‘Death Discount’ Means for Litigation
Palantir Poaching Suit Called ‘Scare’ Tactic by Ex-Employees