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

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:
(Date:11/24/2015)... , ... November 24, 2015 , ... In an ... restrictions and variables that determine which patients are or are not eligible for bariatric ... have a BMI over 40, are more than 100 pounds overweight, or have a ...
(Date:11/24/2015)... UT (PRWEB) , ... November 24, 2015 , ... It ... Magazine. For a business, it is critical that the first impression be positive and ... they are not likely to buy anything or want to return. They will also ...
(Date:11/24/2015)... (PRWEB) , ... November 24, 2015 , ... ... gather to share their knowledge and experiences at a live taping of the ... Ruesch Center for the Cure of Gastrointestinal Cancers 2015 Symposium at Georgetown University ...
(Date:11/24/2015)... (PRWEB) , ... November 24, 2015 , ... Aided by ... today announced an innovative study designed to yield insights into how to detect and ... of biomarkers for pancreatic cancer from small, non-coding RNA molecules (ncRNA), genetic material that ...
(Date:11/24/2015)... ... November 24, 2015 , ... Sir Grout of Baltimore is ... certification. The award recognizes good companies for excellence in service and a commitment ... and hard surface restoration company earned this recognition after a thorough review by ...
Breaking Medicine News(10 mins):
(Date:11/24/2015)... November 24, 2015 F1000Workspace - ... - since it was launched just six months ago. ... and authoring platform for scientists - since it was launched ... have been loaded on to F1000Workspace - a ... since it was launched just six months ago. ...
(Date:11/24/2015)... YORK , Nov. 24, 2015 iRhythm Technologies, ... advancing cardiac care, today announced that it will participate in the ... Hotel in New York, NY . ... present on Tuesday December 1, 2015 at 8:50am ET. ... . --> . ...
(Date:11/24/2015)... uptake of recently approved and pipeline premium products for Type 1 Diabetes ... says GBI Research . --> The ... Mellitus (T1DM), will be a key driver of market growth to 2021, ... The uptake of recently approved and pipeline premium products for Type 1 ... 2021, says GBI Research . Type ...
Breaking Medicine Technology: