Timothy Frazer, a commercial construction estimator, admitted his role in a $50 million health care fraud conspiracy in New Jersey. In further confirmation that the principles of individual accountability continue to be vigorously pursued by the government, Frazer is the twelfth individual to plead guilty to this conspiracy.
According to documents filed in federal court, Frazer was a recruiter in the conspiracy and persuaded individuals in New Jersey to obtain expensive and medically unnecessary compounded medications from an out-of-state pharmacy.
Frazer admitted to submitting false claims, which caused New Jersey State benefit programs to pay approximately $800,000 in false claims. As part of his guilty plea, he agreed to forfeit over $145,000 and to pay over $800,000 in restitution. Frazer faces a maximum prison sentence of 10 years and a fine of $250,000 or twice the profits/losses of the fraud. For the government's press release, click here.
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