Doctor Faces Prison In $2.3 Million Florida Money Laundering, Illicit Prescription Scheme
A 69-year-old Maine dermatologist is facing nearly 300 years in prison after he was convicted of trading illicit prescriptions for fake Florida medical bills to cover up $2.3 million in income, officials said.
Dr. Joel A. Sabean of Falmouth, Maine, was charged with sending $2.3 million to a close relative in Boca Raton, court documents show.
The relative, who was not named, then fabricated medical bills for Sabean to use as write-offs on his taxes, investigators said.
In exchange for the service, Sabean provided the Florida-based family member with prescriptions for unneeded medication, including Ambien, Lunesta and Xanax, court records show.
Sabean was convicted of five counts of tax evasion, 52 counts of drug distribution for other than legitimate purposes and one count of health care fraud.