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U.S. Charges 48 People in $500 Million Medicaid Drug Scheme


7/18/2012 7:32:39 AM

U.S. prosecutors unsealed charges Tuesday against 48 defendants for participating in what investigators said was the largest ever prescription drug scheme that involved illegally trafficking pills for diseases such as HIV and AIDS to the black market.

The scheme, which caused those same drugs to ultimately be resold back into the legal distribution chain, led to the loss of more than $500 million in Medicaid reimbursements, federal officials said.

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