Healthcare Company Executives Sentenced for $4 Million Fraud

Two former executives of OrthoNet, a healthcare claims processing company, have been sentenced for their roles in a scheme to steal millions from their employer, according to the Justice Department Tuesday.

Between 2009 and 2017, Shawn Rains and Joseph Maharaj executed a scheme to defraud OrthoNet of $4 million and launder the proceeds.

The duo, alongside co-conspirators, created fake vendors that purportedly worked for the company, said the DOJ. Rains and Maharaj signed invoices approving payment for fake work, which OrthoNet ultimately payed, the government said.

In addition to a 12-year sentence, Rains was ordered to forfeit $4 million ...