Richard Davidson Owes $2.4M From Medicare Scheme. Wife Permitted To Keep Half Of Family Funds Forfeited To Feds.
USA Files Order On Couple’s Seven Bridges Home.
BY: STAFF REPORT | BocaNewsNow.com
DELRAY BEACH, FL (BocaNewsNow.com) (Copyright © 2021 MetroDesk Media, LLC) — The wife of fraudster Richard Davidson, a Delray Beach chiropractor, can keep half of the funds he has already forfeited to the Department of Justice. The agreement comes as the United States of America files a forfeiture order for their home in Seven Bridges with the Palm Beach County Clerk of Courts.
U.S. District Judge William Jung signed off on the agreement in April. It is now public. Under the deal, Davidson forfeited his financial holdings valued at $273,717.75. But his wife is entitled to half of those joint assets, so she is getting a check from the government for $136,858.87.
(News app readers: complete access is here).
Earlier this year, prosecutors said they would also take the couple’s home on Rennes Way in Delray Beach valued at $1.2M. The United States of America has filed a notice of forfeiture with the Palm Beach County Clerk, but the home is still listed as being owned by Davidson and his wife.
Richard Davidson plead guilty to Medicare Fraud last year, just weeks after the United States District Attorney for the Middle District of Florida filed an information — a charging document that doesn’t require a grand jury. Davidson admitted to defrauding the federal government out of $2,472,087. He is known as “Dr. Rich” at Totality Chiropractic on Yamato Road. That practice’s website is now forwarding to “Integrated Chiropractic” with a “Dr. Rich” listed as the service provider.
While prison is possible, it appears prosecutors are focusing on financial recovery right now. Davidson still owes more than $2.2M in restitution. There is no sentencing date currently on the docket. Whether that is a scheduling issue, or the result of his cooperation with prosecutors, is unclear.
Below is the forfeiture document provided by the United States Department of Justice. If the document does not appear, use this to access.DAVIDSON-Final
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