Houston hospital leader ordered to pay $11M, prison time
By Admin | January 13, 2024
Syed Rizwan Mohiuddin, former president of United Memorial Medical Center in Houston, has been sentenced to 21 months in federal prison and ordered to pay $11 million in restitution of conspiracy to defraud the federal government, the Houston Chronicle reported Jan. 18.
The charges against Mr. Mohiuddin, who pleaded guilty last September, came after he and an unnamed co-defendant received an $8 million loan with fraudulent records in 2010.
The co-defendant created a bank account for the fund, then transferred $6.9 million into an account for Imagine Hospitality, a business created and owned by Mr. Mohiuddin, the indictment said, according to the publication.
Fidelity National Financial, a title insurance company that went after Mr. Mohiuddin for payments, supported information for the case. The company has 10 to 15 additional outstanding lawsuits over...(More)
For more info please read, Houston hospital leader ordered to pay $11M, prison time, by Becker's Hospital Review
