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North Texas Men, Who Owned Hyperbaric Oxygen Therapy Companies, are Sentenced for Roles in Conspiracy to Commit Health Care Fraud

DALLAS - Yesterday afternoon, two businessmen, Stanley Thaw, 72, of Frisco, Texas, and Michael Kincaid, 57, of Plano, Texas, who owned and operated hyperbaric oxygen therapy (HBOT) companies located in Plano, Denton, Hurst, Houston, and San Antonio, Texas, were each sentenced to five years in federal prison by U.S. District Judge Jorge A. Solis for conspiring to commit health care fraud. In addition, Judge Solis ordered them to pay approximately $1.5 million in restitution, jointly and severally. U.S. Attorney Sarah R. Saldaña of the Northern District of Texas made the announcement today.

Read more on www.justice.gov

Action Details

  • Date:June 6, 2014
  • Agency:U.S. Attorney
  • Enforcement Types:
    • Criminal and Civil Actions