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Seven Bridges Homeowner Sentenced To Six Years In Federal Prison

Dr. Richard Davidson

Dr. Richard Davidson, Area Chiropractor, Plead Guilty To Medicare Fraud. Owes $10.7M To Federal Government. Medical License Revoked.

Dr. Richard Davidson
The United States Dept. of Justice says Dr. Richard Davidson of Delray Beach entered a guilty plea. He was sentenced to six years for medicare fraud.


DELRAY BEACH, FL ( (Copyright © 2021 MetroDesk Media, LLC) — A West Delray Beach Chiropractor who plead guilty to Medicare fraud was just sentenced to six years in prison.

We have previously reported on the case involving Richard Davidson over the past year. Read our earlier coverage here. This is the official advisory just issued by the United States Department of Justice:

U.S. District Judge William Jung has sentenced Dr. Richard Davidson (Delray Beach, 42) to six years in federal prison for conspiracy to commit health care fraud. As part of his sentence, the court ordered Davidson to forfeit approximately $650,000 in funds traceable to the offense or as substitute assets. The court also entered a money judgment of $2.47 million and ordered $10.72 million in restitution. Davidson lost his medical license due to his conviction.

Davidson had pleaded guilty on September 16, 2020.

According to court documents, 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 the companies’ true ownership, the conspirators secretly gained control of multiple companies. 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”).

To attain such high volumes of claims, the conspirators used bribes and kickbacks. Specifically, Davidson and his conspirators illegally purchased thousands of DME claims from so-called “marketers.” The marketers, for their part, had generated the claims under the guise of “telemedicine,” but no telemedicine had actually occurred. Instead, the “marketers” had bribed doctors to sign the DME brace orders that supported the claims. Davidson and his conspirators paid millions to secure the illegal DME claims for submission to Medicare and CHAMPVA.

“It’s sickening to see a member of the medical community profiting from a scheme that’s cheating the nation’s federally funded healthcare program. The FBI and its law enforcement partners will continue to expose the greed and deceit taking precedence over patient care,” said FBI Tampa Special Agent in Charge Michael McPherson.

“CHAMPVA ensures that family members of service-connected disabled veterans receive quality health care services,” stated David Spilker, Special Agent in Charge at the Department of Veterans Affairs Office of Inspector General (VA OIG).  “This sentence holds the defendant accountable for his criminal actions to defraud both CHAMPVA and the Medicare program and reflects the magnitude of his multi-million dollar health care fraud scheme.  The VA OIG thanks our law enforcement partners for their collaboration in this important investigation.”

As previously reported, the Department of Justice permitted Davidson’s wife, Chelsea, to keep half of the family’s net worth, including partial ownership of their home on Rennes Lane in the Delray Beach community of Seven Bridges. That home is worth $1.5M but is mortgaged. Among their other assets, according to the Department of Justice:

The contents of Wells Fargo Bank account number xx, held in the name of Richard Davidson and Chelsea Davidson (last known balance approximately $155,166.54).

The contents of Wells Fargo Bank account number x, held in the name of Richard Davidson and Chelsea Davidson (last known balance approximately $15,258.65);

The contents of Folio Investments, Inc. account number x, held in the name of Richard Davidson and Chelsea

Several 529 College Savings Plans with balances of $59,020, $52,288, $43,089 and $337.Davidson (last known balance approximately $169,367.45.

The real property located at 9807 Rennes Lane, Delray Beach, Florida 33446.

Read the complete list, here.

It was not immediately clear when, or where, Richard Davidson must report for incarceration.



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