Rita Cardoso and her husband, Luis Delgado, of Miami, Florida, owners and operators of several health care related businesses located in Miami-Dade County, pled guilty to multiple charges. Cardoso and Delgado were charged in separate cases with defrauding the Medicare Program of more than 4 million dollars through fraudulent billings for durable medical equipment and structuring withdrawals of Medicare funds for under $10,000 to avoid having the banks file currency transaction reports with the Department of Treasury. Cardoso and Delgado also plead guilty to conspiracy to commit wire and mail fraud charges in a separate Information.
According to authorities, in or around March 2005, Cardoso and Delgado devised a scheme to get money out of properties that Cardoso owned either individually or jointly with Delgado. They agreed to use the identity of Delgadoâ€™s aunt, to apply for mortgage loans from lenders and make it appear that the aunt was purchasing properties from them when in reality she was not. Cardoso and Delgado falsified information regarding the auntâ€™s assets, employment and income were stated in loan applications and related documents. Cardoso and Delgado also used the auntâ€™s identity to purchase a home for themselves. They obtained approximately $1.8 million dollars from lenders in this scheme.
Cardoso and Delgado face a maximum penalty of 10 yearsâ€™ imprisonment on the health care fraud charges and fines of over $3 million dollars. For the structuring charges, Cardoso and Delgado face a maximum penalty of 5 yearsâ€™ imprisonment and a $250,000 fine. They face a maximum penalty of 20 yearsâ€™ imprisonment and a fines of over $3 million dollars for the wire and mail fraud charges.