Navigation Links
Former Corporate Benefits Manager Sentenced to 57 Months in Prison for Defrauding Health Care Plan of More Than $6 Million Dollars
Date:9/22/2009

NEW YORK, Sept. 22 /PRNewswire-USNewswire/ -- Preet Bharara, the U.S. Attorney for the Southern District of New York, announced that Dennis M. Dowd, formerly the senior manager of human resources of Hitachi America Ltd. (Hitachi America), was sentenced today in Manhattan federal court to 57 months in prison for defrauding the Hitachi America Group Health and Welfare Plan (the Plan) of more than $6 million. The sentence was imposed by U.S. District Judge Colleen McMahon. Dowd pleaded guilty on March 11, 2009, to one count of health care fraud and one count of money laundering.

According to the complaint, the information and other court documents filed in this case, as well as statements made in court in connection with Dowd's plea and sentencing:

Hitachi America is a subsidiary of Hitachi Ltd., a Japanese corporation, and manufactures and markets electronic equipment, computer systems and consumer electronics, among other products, as well as providing industrial equipment and services throughout North America. Hitachi America maintained the Plan to provide health benefits to eligible employees of Hitachi America and certain of its corporate affiliates.

Dowd, 53, of Yorktown Heights, N.Y., was hired by Hitachi America in 1979 and was a senior manager of corporate benefits for Hitachi America until March 2008. He was responsible for managing various aspects of Hitachi America's employee benefits programs, including the Plan. In January 1997, Dowd opened a bank account in the name "Hitachi Group Insurance Health and Welfare Trust," without Hitachi America's authorization. Between 2000 and early 2008, Dowd deposited almost $8 million into that account in checks from, among other entities, insurance companies and health care providers. These checks were made payable to the Plan or to Hitachi America or a corporate affiliate.

Dowd used the account to pay for personal and family expenses, including, among other things: at least $1 million in payments to credit cards held in Dowd's name that were used to purchase, among other things, consumer goods; at least $2 million in checks made payable to Dowd; approximately $42,000 for a Lexus automobile registered to Dowd; and approximately $625,000 to purchase a house in Vero Beach, Fla. Between 2000 and 2008, Dowd remitted a total of only approximately $1.5 million back to Hitachi America.

In addition to the prison term, Judge McMahon sentenced Dowd to three years of supervised release, and ordered Dowd to pay restitution to Hitachi America in the amount of $7,497,906.

Mr. Bharara praised the work of the U.S. Department of Labor Office of Inspector General, New York Office of the U.S. Department of Labor Employee Benefits Security Administration, and the Internal Revenue Service's Criminal Investigation Division.

This case is being prosecuted by the Office's Major Crimes Unit. Assistant U.S. Attorneys Joseph P. Facciponti and Anna E. Arreola are in charge of the prosecution.


'/>"/>
SOURCE U.S. Department of Justice
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Former NFL Quarterback to Speak at Local Nonprofit Fundraising Event
2. Public Option Still Viable As House Set to Pass It -- Not Fading, Says Robert Weiner, Former House Aging Committee Director
3. ALSAC/St. Jude Mourns the Loss of Former CEO Richard C. Shadyac Sr.
4. San Francisco Home Care Workers Demand that Former Union Officials Come Clean
5. Former Make A Wish Kid Donates September Earnings to the Global Foundation
6. Former Corporate Whistleblower Says The Informant Movie is Only Part of the Story
7. Wed., Sept. 16, 11 AM News Conference: Sioux Falls Keystone Treatment Center Is National HQ to Lead 100 Locations Nationwide in Balloon Liftoff Celebrating Recovery Against New Wave of Drug Abuse; Former U.S. Drug Czar/4-Star Gen. Barry McCaffrey, Lieute
8. Former AVMA President to Head National Health Commission
9. VA Honors Veterans Who Are Artists, Performers
10. Cynthia Cooper, Time Magazines Person of the Year and former WorldCom Auditor to Address the 8th Annual Compliance and Ethics Institute, September 13-16, 2009, Planet Hollywood, Las Vegas, NV
11. Former Veterans Affairs Secretary Joins Integrated Medical Systems Advisory Board
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/5/2016)... Francisco, CA (PRWEB) , ... February 05, 2016 ... ... and founder of CitiDent, announces that it is now welcoming orthodontist, ... Dr. Cheng, CitiDent offers a complete range of oral health care, including general ...
(Date:2/5/2016)... ... February 05, 2016 , ... Health and wellness is a ... individuals in the event they are experiencing an illness. Migraines are a severe form ... are afflicted with migraines would not wish the pain on their worst enemy, the ...
(Date:2/5/2016)... (PRWEB) , ... February 05, 2016 , ... Calls Blacklist ... a completely new user interface design and the developer has fixed known bugs within ... they want to on their phone while not consuming any of their device’s battery ...
(Date:2/5/2016)... CA (PRWEB) , ... February 05, 2016 , ... ... that Medicare San Luis Obispo users can expect to see in 2016. To view ... two most significant changes will directly impact many San Luis Obispo seniors who rely ...
(Date:2/4/2016)... ... February 04, 2016 , ... According to a recent ... see their dentist once every six months for a cleaning and checkup, depending on ... Dr. Farzad Feiz, head dentist at Calabasas Dental Group and California Dental Care, notes ...
Breaking Medicine News(10 mins):
(Date:2/5/2016)... -- France , Germany , ... Israel ). It includes a 10-year epidemiology forecast for ... by age and sex in these markets. GD epidemiology report is written ... high quality, transparent and market-driven, providing expert analysis of disease trends in ... , Italy , Spain , ...
(Date:2/4/2016)... 4, 2016  The Senior Care Pharmacy Coalition ... Committee Chairman Jason Chaffetz (R-UT) and ... hearing , "Developments in the Prescription Drug ... growing questions about abusive pharmacy benefit manager (PBM) ... and Ranking Member Elijah Cummings (D-MD) are diligent, ...
(Date:2/4/2016)... Wegener Polyangiitis - Pipeline Review, H2 ... Polyangiitis - Pipeline Review, H2 2015, provides an ... This report provides comprehensive information on the therapeutic ... at various stages, therapeutics assessment by drug target, ... and molecule type, along with latest updates, and ...
Breaking Medicine Technology: