Owner of Durable Medical Equipment Companies Charged in Nearly $30 Million Fraud Scheme
Defendant allegedly used proceeds to purchase two Ferraris, a Mercedes-Benz Model S, at least three Rolex watches
BOSTON – The owner of Pharmagears, LLC (Pharmagears) and RR Medco, LLC (RR Medco) has been charged in connection with a nearly $30 million fraud scheme involving medically unnecessary durable medical equipment (DME), including orthotics such as back and knee braces. Raju Sharma, 61, of Sharon, was charged by criminal complaint with one count of conspiracy to commit health care fraud. Sharma was arrested this morning and later released on conditions following an initial appearance in federal court in Boston.
Action Details
- Date:February 20, 2025
- Agency:U.S. Attorney's Office, District of Massachusetts
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Enforcement Types:
- Criminal and Civil Actions