Businessman Accused of Buying Villa Tied to $650M Fraud

US authorities allege Dh10.6M Dubai villa was bought with funds from one of America’s biggest ever Medicaid fraud schemes

Publish date: Tuesday، 01 July 2025

Businessman Accused of Buying Villa Tied to $650M Fraud

A Pakistani businessman allegedly used $2.9 million from a massive $650 million US healthcare scam to buy a Dh10.6 million villa in Dubai, according to a statement from the US Attorney’s Office in Arizona.

The 41-year-old, who hasn’t been named for legal reasons, has been indicted for conspiracy to commit healthcare fraud, three counts of wire fraud, and money laundering—all tied to what’s being called “the largest healthcare fraud scheme” in US Department of Justice (DOJ) history.

Prosecutors say the man ran ProMD Solutions, a Pakistan-based company that provided medical billing and coding services for outpatient addiction treatment clinics in Arizona. But instead of providing legitimate care, investigators say many of the 41 clinics involved fabricated medical records, faked therapy sessions, and billed for services never rendered.

Most of the patients were reportedly recruited from homeless shelters and Native American reservations, used as pawns to generate fraudulent claims submitted to Arizona’s Medicaid program (AHCCCS). Of the $650 million in claims submitted, more than $564 million was paid out.

“These criminals didn’t just steal someone else’s money. They stole from you,” said Matthew Galeotti, head of the DOJ’s criminal division. “Every fraudulent claim, every fake billing, every kickback scheme represents money taken directly from the pockets of American taxpayers who fund these essential programmes through their hard work and sacrifice.”

The man allegedly made $24.5 million in personal profit, including funds used to purchase a luxury villa on a Dubai golf estate. US authorities say fake therapy notes and fabricated records were also used to mislead audits and avoid detection.

This case is part of a broader DOJ operation that has charged over 320 individuals nationwide, exposing nearly $15 billion in fraudulent claims. In Arizona alone, seven people have been charged in five separate investigations—with this Dubai-linked case drawing particular global attention.

Businessman Accused of Buying Villa Tied to $650M Fraud

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Businessman Accused of Buying Villa Tied to $650M Fraud

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