The owner of two medical supply stores – one located in Brighton Beach, the other in Gravesend – pleaded guilty on Monday to bilking Medicare out of more than $1 million.
Oleg Kam, 48, faces 10 years for his role in the scheme, which involved charging Medicare for delivering thousands of orthopedic inserts to customers. However, prosecutors contend that customers never received those inserts, which are a key element to a Medicare-covered leg brace; Kam and two accomplices were actually providing clients with ordinary shoes, including sneakers, winter boots and sandals, according to SILive.com.
The scheme operated from January 2006 to July 2010. Kam’s business partner, Oleg Kheyson, and another man, Igor Pokrasov, have also been charged. Those cases are still pending.
All three were swept up in a nationwide Medicare fraud bust we reported on in 2010.
Kam’s stores are named Best Equipment Medical Supply shops. One is located at 3071 Brighton 13th Street, the other is at 1773 West 1st Street in Gravesend.
Additional details can be found at SILive.com.