New Jersey authorities say a chiropractor whose license was revoked more than a decade ago played a role in a medical fraud ring that allegedly stole nearly $4 million from insurance companies.
Philip Potacco faces numerous counts, including conspiracy and money laundering, in an indictment made public on April 15. The 62-year-old Kinnelon, New Jersey, resident would face several decades in prison if convicted on all counts, but his attorney says he plans to plead not guilty.
Authorities say Potacco used a medical consulting group to recruit accident victims and people who staged car crashes so he could submit bogus insurance claims. He also allegedly hired a licensed chiropractor to serve as a front man of a practice Potacco himself ran for five years.
The state’s Chiropractic Examiners Board revoked Potacco’s license for misconduct in 2002.
Topics Fraud New Jersey
Was this article valuable?
Here are more articles you may enjoy.
Elon Musk Beats $500 Million Severance Lawsuit by Fired Twitter Workers 
Reinsurers’ Appetite Grows During Mid-Year Renewals but Discipline Remains: Brokers 
The 10 Major Risks Shaping Insurance Today 
Update: Beryl Rakes Mexico’s Yucatan With Hurricane Winds and Heavy Rain 
