A Florida-based insurance brokerage has admitted to orchestrating a sweeping $141 million fraud scheme that exploited thousands of vulnerable consumers, most of them Spanish language speakers, through the Affordable Care Act marketplace, also known as Obamacare, federal authorities confirmed.
According to court filings and statements from the U.S. Department of Justice, the brokerage engaged in a yearslong operation that targeted low-income individuals, immigrants, and non-English-speaking residents across Florida and other states, enrolling them in ACA plans without their knowledge or consent in order to collect lucrative commissions.
