“If he was ever arrested, he would have a plane ready to take him outside the United States,” Foster said. “(Rashid) also stated to this witness that he has storage units full of cash that are maintained in others’ names.”
A lavish 10,000-square-foot $6.8 million home under construction and golf trips by private jet are just a few of the luxuries enjoyed by Mashiyat Rashid, the ringleader of what is being described as one of the largest Medicare fraud schemes in Detroit history.
Rashid, 37, who came to the United States from Bangladesh when he was 3 years old, is a graduate of the University of Michigan, and is married, with two young children. He is now facing up to life in federal prison for orchestrating a $132 million health care fraud conspiracy.
The Detroit News reported that the scheme has been going on since 2008 and involves a “web of companies controlled by Rashid,” along with six other individuals.
Charges against them include recruiting homeless people as patients, sending fraudulent claims to Medicare, giving unnecessary back injections to drug addicts, and prescribing pain medications that were then sold on the streets.