Check Cashier Funneled Millions in Medicare Funds to Cuba's State Bank
Waste, fraud and abuse
A Cuban immigrant who laundered millions of dirty Medicare dollars through his Florida check-cashing store into Cuba's state-controlled banking system has agreed to help federal investigators catch other suspects in the unprecedented case being prosecuted in Miami.
Oscar L. Sánchez, who recently pleaded guilty to one count of conspiring to launder profits from Medicare fraud, agreed to "cooperate fully" with the U.S. attorney's office in hopes of reducing a potential prison sentence of at least nine years, according to his plea agreement.