Fraud: $250,000 worth of coins seized for Texas

December 23, 2010 4:41:49 AM PST
Texas Attorney General Greg Abbott says $250,000 worth of gold coins linked to fraud have been recovered to benefit Medicaid. Abbott's office says authorities on Monday seized the 101 coins from a depository account in Wilmington, Del. The FBI in San Antonio took custody of the coins late Tuesday.

Investigators on Wednesday said pharmacist Marcellius Jhekwuoba Anunobi is believed to have bought the coins using fraudulent proceeds from Medicaid overbilling. The account belonged to his wife.

Anunobi was president of Advanced Doctor's Prescribed Pharmacy. He was convicted of billing the Texas Vendor Drug Program for prescriptions that were never filled.

Anunobi was convicted of Medicaid fraud, theft and money laundering. He was sentenced in September to 20 years in prison and ordered to make $2.2 million in restitution.


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