Mashiyat Rashid (Linkedin photo)
The suspected architect of a $200 million Medicare fraud scheme has more charges to face after Wednesday, Robert Snell of the Detroit News reports.
Mashiyat Rashid, 38, of West Bloomfield Township, is said to be architect of a system that involved pain clinics in Ohio and Michigan and included 4.2 million doses of “medically unnecessary prescription drugs,” including opioids, some of which wound up on the street. Four doctors were also indicted, three in Metro Detroit. New charges filed against Rashid this week include wire fraud and money laundering.
“The indictment provides new details about the conspiracy’s inner workings and profits that prosecutors say bankrolled Rashid’s luxury lifestyle. He spent fraud proceeds on a $7 million Franklin mansion, courtside NBA tickets, exotic cars including a Lamborghini and a Rolls Royce Ghost, clothes from Hermes and rare Richard Mille watches, according to the government,” Snell writes.
“We are facing the deadliest drug crisis in American history,” Attorney General Jeff Sessions said in a press release. “Sadly, some corporate executives and medical professionals continue to exploit vulnerable patients and the American taxpayer for profit.”