Ike Odelugo: Concert Promoter Gets Six Years for Medicare Fraud
Aghaegbuna "Ike" Odelugo of Sugar Land is a concert promoter, we're told, but that can be a rough business to make a buck in these days.
Ripping off Medicare, however, can be a breeze -- until you get caught.
Odelugo, 39, was sentenced to six years in federal prison today on health care fraud and money laundering charges.
He entered a guilty plea in April to running a ten-state, multimillion-dollar network of Medicare fraud, working with clinics to produce false invoices for equipment and splitting the proceeds. Odelugo got 75 percent of the haul, the owners of the clinics 25 percent.
How much did they scam? Over three years, almost $10 million.
That beats local concert promoting, we assume, especially if you're not exactly booking the Toyota Center.
"Nearly 89 percent of the items billed were orthotics and lymphedema pumps," the U.S. Attorney's Office said. "Power wheelchairs and accessories accounted for the other 10 percent."
Odelugo ran his fraudulent fiefdom out of his cellular-phone store.