Florida Resident Pleads Guilty to $42,000,000 Medicare Fraud Involving Durable Medical Equipment and Genetic Testing

Federal prosecutors have secured a guilty plea from a Florida resident accused of orchestrating a $42 million Medicare fraud scheme involving false claims for unneeded durable medical equipment (DME) and cancer genetic testing.

Chad Monroe, 48, of Tarpon Springs, Florida, pleaded guilty on November 13th, 2026, to one count of conspiracy to commit health care fraud and one count of wire fraud, says the U.S. Department of Justice.

Monroe and associates opened three DME companies that submitted over $26 million in false claims to Medicare, Medicare Advantage plans, and TRICARE for items such as knee, wrist, ankle, and back braces along with genetic testing that beneficiaries did not want or need.

He paid illegal kickbacks to telemedicine companies for doctors’ orders and received over $15 million in kickbacks through his company Health and Life Networking LLC by selling genetic testing orders to laboratories.

Monroe also directed a fraudulent PPP loan application for over $30,000 by misrepresenting ownership of one DME company.

Proceeds funded purchases including a 47-foot yacht called “The Rogue Shark” valued at over $600,000, a Cadillac Escalade, and other luxury vehicles, all of which authorities seized along with more than $1 million.

He faces up to 10 years in prison on the health care fraud conspiracy count and 30 years on the wire fraud charge.

Investigators from HHS-OIG, FBI, DCIS, and IRS-CI handled the case.

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The post Florida Resident Pleads Guilty to $42,000,000 Medicare Fraud Involving Durable Medical Equipment and Genetic Testing appeared first on The Daily Hodl.