$ 700,000 from America to India: Indian original doctor Krishnaswamy Shriram sentenced to 34 months jail for tax evasion, medical fraud
Indian-origin Illinois doctor Krishnaswamy Shriram has been sentenced to 34 months in jail for medical fraud and tax evasion. According to the Department of Justice, he lied to the IRS about his ability to hide his property and pay $ 1.6 million in taxes, punishment and interest. From 2011 to 2017, Shriram paid around $ 1.6 million for IRS. In other developed stages, Shriram shifted his children to his children in the name of only two rental properties, while he continued to receive income from properties. He also transferred around $ 700,000 from bank accounts controlled in accounts in India in the United States. To reduce the money given by him from fraud, Shriram presented documents to the IRS as part of a proposal-in-compromise, which abandoned the ownership of an investment account in the United States, banks and investment accounts and rent assets in India. Overall, Sriram caused tax loss to about $ 1.6 million IRS.His medical fraud took place between 2011 and 2022, when he presented Fals Medicare Billings for in-Hum Physician Care which was not done. Sriram claimed to take care of the Medicare beneficiaries on those dates when they were either dead or lived in other facilities other than their homes. The $ 136,980.36 $ 136,980.36 in the false bill for Medicare as a result of Shriram’s false statements in the medical records related to these episodes of care.In addition to his jail sentence, the court ordered Sriram to be released under three years of surveillance and the United States of about $ 1.7 million in reinstatement.In March this year, he blamed for tax evasion and accepted false Arabs in Medicare.
