Home » NEWS » Health » Physician is latest indicted in pharmacy fraud schemes

Physician is latest indicted in pharmacy fraud schemes

A Mississippi Gulf Coast physician is the latest person indicted on health care fraud charges as part of a series of schemes that federal officials allege cost hundreds of millions.

U.S. Attorney Mike Hurst says Dr. Albert Diaz of Gulfport was indicted Wednesday in federal court.

Hurst says the 16-count indictment accuses Diaz of defrauding Tricare, a federal military health insurance program, by prescribing $2.3 million in unneeded medications handmade by a compounding pharmacy.

Pharmacist Jason May and health care marketer Gerald Schaar have already pleaded guilty to related charges.

Federal officials allege more than $400 million was bilked from insurers by a number of pharmacies.

It’s unclear if Diaz has a lawyer to speak for him. If convicted, he faces up to 305 years in prison and fines up to $7.5 million.


… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About Associated Press

Leave a Reply

Your email address will not be published. Required fields are marked *