Man Gets Almost Five Years in Hospice Scheme

Justice

Karpis Srapyan was sentenced to four years and nine months in prison for his involvement in a nearly $16 million fraud and money laundering scheme. Along with Petros Fichidzhyan and Juan Carlos Esparza, Srapyan allegedly operated four sham hospice companies. The hospice operators are accused of submitting false Medicare claims for services that were either never provided or medically unnecessary. Read a story from Hospice News.

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