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Feds Prepare To Take Seven Bridges Home, Property Of Chiropractor Richard Davidson

Dr. Richard Davidson

More Than $2-Million Missing From Scheme, According To Forfeiture Order. Delray Beach Home Heavily Mortgaged.

Dr. Richard Davidson
The United States Dept. of Justice says Dr. Richard Davidson of Delray Beach entered a guilty plea. He faces ten years in prison for medicare fraud.

DELRAY BEACH, FL (BocaNewsNow.com) — Chiropractor Richard Davidson is on the hook for $2,472,087 according to an “order of forfeiture” signed by Federal Judge William Jung at the request of the United States Department of Justice. Davidson, as BocaNewsNow.com reported last month, pled guilty to defrauding medicare. He is known as “Dr. Rich” to his patients of “Total Chiropractic” on Yamato Road.

According to the order, which you can read in its entirety below, the money Davidson acquired through the scheme is missing.

“Richard Davison pleaded guilty to count one of the information, conspiracy to commit health care fraud… The United States has established that Davison obtained $2,472,087 in proceeds as a result of the offense. The proceeds of the offense were transferred to third parties, and the United States cannot locate the proceeds upon the exercise of due diligence.”


Public records show Davidson’s home in Seven Bridges — in Delray Beach — was purchased for $1,585,514 on October 3, 2018, but mortgaged for $1,310,000.

From the United States Department of Justice:


“According to the plea agreement, in 2018, Davidson and his conspirators established a conglomerate of durable medical equipment (“DME”) supply companies. During the creation of the companies, they lied to Medicare to secure billing privileges. The scheme involved placing the companies in the names of straw owners. By concealing their true ownership, the conspirators secretly gained control of multiple companies, which Medicare prohibits. This enabled the conspirators to submit high volumes of illegal DME claims while attempting to evade law enforcement scrutiny. In one year, through the conglomerate, Davidson and his conspirators submitted more than $20 million in illegal DME claims, resulting in more than $10 million in payments from Medicare and the Civilian Health and Medical Program of the Department of Veterans Affairs (“CHAMPVA”).”

Davidson faces up to ten years in prison. A sentencing date has not been set. Davidson plead guilty just days after the “information” was filed.


Davidson-Forfeiture

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