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FraudTalk is a blog focused on the review and discussion of recent significant cases of fraud, corruption and employee misconduct - particularly major embezzlement cases in the US. Fraud Talk is published by Chris Marquet, Chairman & CEO of Marquet International Ltd., an international investigations, litigation support and due diligence firm.
Monday, February 23, 2009
Texas Medical Supplies Executive Sentenced In Kickback Scheme
Walter Sanders, of Mesquite, Texas and the owner of Waltco Medical Equipment & Supplies, was sentenced to 5 years in prison for paying kickbacks to suppliers who submitted fraudulent patient claims for wheelchairs provided by Waltco. Sanders was also ordered to pay more than $800,000 in restitution. Sanders' ex-wife, Geneva Sanders, of Memphis, Tennessee, was also found guilty in the scheme. She was employed as a secretary at a Memphis, Tennessee hospital and obtained patient identifying information that she provided to Sanders who used the information in the scheme. She was sentenced to 16 months in prison and ordered to pay $133,000 in restitution.
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