Monday, September 03, 2012

Rossville Man Sentenced in Health Care Fraud and Tax Evasion Case



HAMMOND, IN—United States Attorney David Capp announced that Chad Shedron, 36, of Rossville, Indiana, was sentenced by Chief Judge Philip Simon to 57 months’ imprisonment and one year of supervised release after pleading guilty to a two-count Information charging him with the felony offenses of executing a scheme to defraud the Indiana Medicaid health benefit program and evading federal income tax.

According to the plea agreement filed in this case, Shedron agreed to a money judgment in the amount of $3,521,961.22, which represents the dollar amount of proceeds derived from the health care fraud. He also agreed that the tax loss for 2007 was approximately $189,009.00, and further agreed that he is responsible for tax losses of $164,728.99 in 2008; $141,623.00 in 2009; and $32,310.00 in 2010. Further, Shedron agreed to forfeit his personal residence, $65,000 in cash, a brokerage account, jewelry, and a baseball card collection with an estimated value of over $200,000.

This case was the result of an investigation by the Department of Health and Human Services-Office of the Inspector General; the Internal Revenue Service-Criminal Investigations; the Federal Bureau of Investigation; and the Indiana Medicaid Fraud Control Unit. This case was prosecuted by Assistant United States Attorney Diane Berkowitz.

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