Owner of Will County medical supply company learns sentence in VA kickback scandal

Darren A. Smith, 60, of Hazel Crest, was convicted earlier this year on eight counts of wire fraud, according to prosecutors.Between 2017 and 2020, Smith, who operated a medical distribution company based in Bolingbrook, conspired with a procurement clerk in the Veterans Health Administration’s Prosthetic Service in Chicago. They arranged for the VA to order costly medical equipment from Smith’s company in return for undisclosed kickbacks to the clerk.

The orders placed by the clerk involved unnecessary and overpriced rentals of medical equipment from Smith’s company, rather than the outright purchases that VA physicians had recommended. As a result, the VA spent more than $2.7 million on Smith's equipment, fraudulently overpaying by more than $1.3 million.In exchange for his illegal activities, the clerk received at least $220,000 in kickbacks from Smith.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FBI arrests Dauphin County home care business owner after $1 million in Medicaid fraudEster Mbaya, 43, of Harrisburg, pleaded guilty before her arrest last week.
Source: PennLive - 🏆 463. / 53 Read more »

Pierce County business owner ordered to pay over $360K over gas station scamA Pierce County business owner will have to pay more than $360,000 for scamming gas station owners, according to the AG's Office.
Source: Mynorthwest - 🏆 438. / 53 Read more »