California

Los Angeles Man Pleads Guilty to Laundering Millions in Medicare Hospice Scheme

The defendant allegedly worked with four others to launder nearly $16 million.
Los Angeles Man Pleads Guilty to Laundering Millions in Medicare Hospice Scheme
The hospice care wing of California Medical Facility in Vacaville, Calif., on Dec. 17, 2013. Andrew Burton/Getty Images
Kimberly Hayek
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A Los Angeles man pleaded guilty on Monday to laundering more than $4.6 million in connection with a Medicare hospice fraud scheme, the Department of Justice (DOJ) said in a statement.

Prosecutors said Mihran Panosyan, 46, of Winnetka, used the funds to purchase real estate and pay for his child’s private school and other personal expenses.

Kimberly Hayek
Kimberly Hayek
Author
Kimberly Hayek is a reporter for The Epoch Times. She covers California news and has worked as an editor and on scene at the U.S.-Mexico border during the 2018 migrant caravan crisis.