Indian-origin doctor embroiled in healthcare fraud in US freed on record USD 7 mn bond

An Indian-American doctor, indicted in one of the largest healthcare fraud cases in the US history involving a USD 464 million conspiracy, was freed on a record-setting USD 7 million bond.

Rajendra Bothra, 77, who was awarded Padmashri, India's fourth-highest civilian award, was indicted along with five other physicians in the alleged USD 464 million healthcare fraud conspiracy, which the federal government said fuelled the opioid epidemic.

US District Judge Stephen Murphy granted the bond for him despite the government's concern that the doctor has hidden money that could bankroll an escape to his native India.

Bothra, of Bloomfield Hills, who will be released on home confinement and tracked by a GPS tether, must identify all assets under penalty of perjury, Detroit news reported.

Being the lead defendant in one of the largest healthcare fraud cases in the US history, he must liquidate a USD 8.5 million retirement account to cover the bond, a process that could take three days, it ...