Largest Healthcare Scam in USA: Indicted "Padmashri" Indian American Doctor released on a record 7 Million Dollar Bond

January 16,2019:

A 77-year-old Indian-American doctor, who was indicted in one of the largest healthcare fraud cases in US history involving a US $464 million conspiracy has been freed on a record-setting US $7 million bond.

Rajendra Bothra, who was awarded Padmashri, India’s fourth-highest civilian award, was indicted along with the five other physicians in alleged US$464 million healthcare fraud conspiracy, which Federal Government stated that fuelled the opioid epidemic.

US District Judge Stephen Murphy granted the bond for him despite Government’s concern that doctor has hidden money that could bankroll an escape to his native India.

Bothra, of Bloomfield Hills, will be released on home confinement and tracked by a GPS tether, must identify all the assets under penalty of perjury.

Being lead defendant in one of the largest healthcare fraud cases in US history, he must liquidate a US $8.5 million retirement account to cover bond, a process that could take three days.

His wife and daughter, who attended the hearing Tuesday, will surrender their passports to alleviate the concerns that family might flee while Bothra awaits trial in July.

Bothra has deep ties to India, including investments and several siblings.

He is one of the most high-profile Indian-American Republican Party activists and fundraisers.

In the 1980s and early 1990s, he hosted major fundraisers for Former President George H W Bush and other senior Republican lawmakers.

Apart from his professional achievements in the field of medicine in the United States, Bothra has been active in working for the poor and sick in India.

For about eight weeks each year, Bothra leaves his general surgery practice in Warren and travels to India at his own expenses to work with the Indian organisations to increase awareness of HIV/AIDS and drug, tobacco and alcohol addiction.

He holds regular lecture tours in India to educate the professional and lay audiences on health issues.

Bothra worked with the Nargis Dutt Foundation to produce two documentaries, one on AIDS and another on tobacco abuse.

Indian Government lauded him for being instrumental in gifting of sophisticated American medical equipment to Indian hospitals and assisting in the rebuilding of hospitals in Latur, Maharashtra after a severe earthquake.

Meanwhile, prosecutors have been unable to pinpoint Bothra’s net worth, which could be as high as US $35 million.

Source HT