FREE SUBSCRIPTION Includes: The Advisor Daily eBlast + Exclusive Content + Professional Network Membership: JOIN NOW LOGIN
Skip Navigation LinksHome / News / Read News


GE Capital Seeks to Seize Medical Equipment in Medicaid Fraud

September 26, 2014, 07:14 AM
Filed Under: Fraud
Related: Fraud, Ge Capital

According to a report from the Star Ledger, GE Capital is seeking to obtain an order allowing it to seize medical equipment from a New Jersey medical imaging company accused of operating an $8 million Medicaid fraud scheme. The collateral includes mammography systems, prostate and ultrasound equipment.

According to the Star Ledger report, Diagnostic Imaging Affilliates' partners allegedy paid doctors to send patients to its offices for MRIs, PET scans and other tests that were not necessary and paid out more than $300,000 in kickbacks, according to the state Attorney General's Office.

To read the full Star Ledger report listed on, click here.

Comments From Our Members

You must be an Equipment Finance Advisor member to post comments. Login or Join Now.