This article makes me feel like supporting the death penalty for white collar crime. Stealing money from our program for health care for the elderly goes beyond despicable. I hope people from all ends of the political spectrum can agree that this criminal ought to receive some serious punishment. Send him to prison for a long, long time.
Entire Article:By Brian Grow and Matthew Bigg
updated 2 hours 45 minutes ago 2011-12-22T03:06:16
MIAMI/ATLANTA — By the time authorities busted a fake AIDS clinic in Miami, it had bilked Medicare of more than $4.5 million. Still, the man behind the scheme remained far ahead of the agents pursuing him.
Michel De Jesus Huarte, a 40-year-old Cuban-American, hadn't simply avoided arrest. He had hatched a plan to steal millions more from Medicare by forming at least 29 other shell companies — paper-only firms with no real operations. Each time, he would keep his name out of any corporate records. Other people — some paid by Huarte, some whose identities had been stolen — would be listed in incorporation papers.
The shells functioned as a vital tool to hide the Medicare deceit — and not only for Huarte. Hundreds of others have used the veil of corporate secrecy to help steal hundreds of millions of dollars from one of the nation's largest social service programs, a Reuters investigation has found.
Shell companies steal millions from Medicare - US news - Crime & courts - msnbc.com