Florida Executives Sentenced in $233M Affordable Care Act Fraud Case Involving Homeless and Hurricane Victims

Florida execs sentenced in $233M Obamacare fraud that targeted homeless, hurricane victims

The two men defrauded Obamacare to prey on tens of thousands of vulnerable Florida residents — while profiting handsomely as a result.

Florida executives sentenced to 20 years in prison for part in $233 million Obamacare fraud scheme

A third defendant in the case, Dafud Iza, previously pleaded guilty to major fraud against the U.S. and was sentenced to 35 months in prison.

Florida execs sentenced in $233M Obamacare fraud that targeted homeless, hurricane victims – Your Capital Minds

The president of a Florida insurance brokerage firm and the CEO of a marketing company were sentenced Wednesday to 20 years each in prison for leading a sprawling, $233 million Affordable Care Act fraud scheme that preyed on Florida’s most vulnerable residents — including homeless and jobless individuals and newly displaced hurricane victims — to pocket millions in unearned commissions. Cory Lloyd, 46, of Stuart, Florida, and Steven Strong, 42, …