Former Loretto Hospital executive accused in $293 million fake COVID-testing scheme

Written by Lexx Thornton Anosh Ahmed, the former CFO of Chicago’s Loretto Hospital who was charged with embezzlement in 2024, is facing new federal charges that accuse him of nearly a billion dollars of attempted fraud.   In his second federal indictment in two years, federal prosecutors allege Anosh Ahmed, the former CFO and COO of Loretto Hospital, a 122-bed safety-net hospital on Chicago’s West Side, perpetuated a $290 million fraudulent billing scheme by using stolen patient information to submit fake COVID-19 testing claims to the federal government.   In total, Ahmed and his associates allegedly received less than a third of

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