Federal charges of any kind have the potential to result in serious penalties for any Michigan defendant, including an extensive prison sentence, heavy fines and more. One fund manager is facing the repercussion of these types of criminal charges after he plead guilty to a healthcare fraud scheme that took place for almost a decade. The individual was the manager for a multi-million-dollar fund focused on the treatment of traumatic brain injuries.
A long history of improper practices
The manager of the clinic plead guilty to healthcare fraud for his role in a scheme that involved taking money from the fund for personal gain. Over the course of the decade, the individual defrauded the fund of more than $4 million. The intent behind these actions was to advance his own personal relationships with others, including co-conspirators.
The defendant, along with one of the co-conspirators, is facing up to 10 years in prison, as well as a $250,000 fine. The man and others involved are currently awaiting sentencing. The fund from which money was stolen is sourced by different state government departments and programs.
Is a guilty plea the right choice?
There are times when entering a guilty plea could be the most appropriate choice for an individual facing serious criminal charges. A Michigan defendant will benefit from seeking the guidance of a knowledgeable defense attorney as he or she considers potential legal options. Whether accepting a plea deal or fighting for one’s future in court, experienced counsel is critical to the outcome.