Indian-Origin Doctor Charged In US Fraud Freed On Record $7 Million Bond

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Indian-Origin Doctor Charged In US Fraud Freed On Record $7 Million Bond

A 77-year-old Indian-American doctor, indicted in one of the largest healthcare fraud cases in the US history involving a US $464 million conspiracy, was freed on a record-setting US $7 million bond. Rajendra Bothra, who was awarded Padmashri, India’s fourth-highest civilian award, was indicted along with five other physicians in the alleged US$464 million healthcare fraud conspiracy, which the federal government said fuelled the opioid epidemic.

According to the PTI report, Bothra,was granted a bond by US District Judge Stephen Murphy, despite the reservations of the federal government that he has hidden funds which could be used in facilitating his escape to India.  According to Detroit News, Bothra would be released on home confinement and would be tracked with a GPS tracker.

Being the lead defendant in one of the largest healthcare fraud cases in the US history, he must liquidate a $8.5 million retirement account to cover the bond, a process that could take three days, it reported. His wife and daughter, who attended the hearing on Tuesday, will surrender their passports against concerns that the family might flee while Bothra awaits trial in July. Bothra has investments and many siblings in India. He is one of the most high-profile Indian-American Republican Party activists and fundraisers. In the 1980s and early 1990s, he hosted major fundraisers for former president George HW Bush and other senior Republican lawmakers.