Health Care Scammers Must Hand Over Keys To Aston Martin, Maserati, Yacht

The phrase “crime doesn’t pay” would probably more accurately be stated as “crime can pay quite well, at least until you get caught.” Just ask the operators of an Arizona-based health care telemarketing scam, who now have to surrender all their expensive toys to the federal government.

The Federal Trade Commission says it has put an end to the scam allegedly run by Health Care One LLC and its affiliates Americans4Healthcare Inc., Elite Business Solutions, Inc., and Mile High Enterprise Inc.

According to the FTC, these companies deceptively marketed medical discount plans as government-endorsed health insurance and falsely claimed they would deliver substantial savings on customers’ healthcare costs.

Customers were misled into believing the programs were widely accepted by healthcare providers and promised “100% satisfaction” and a money-back guarantee in their TV and radio ads.

From the FTC statement:

[T]he companies did not inform consumers that their program was not health insurance until after consumers signed up for the program and paid hundreds of dollars in fees. Consumers who subsequently tried to cancel their enrollment found that the Health Care One companies made it difficult or impossible to obtain refunds.

Now that they’ve been caught and settled with the FTC, the defendants need to surrender their assets, which an Aston Martin, a Maserati, a yacht, and two motorcycles.

While the FTC is really just looking for the proceeds from the sale of these items, are having a chuckle imagining FTC Chairman Jon Leibowitz enjoying a brief James Bond joyride in the Aston Martin, or going all Evel Knievel in the FTC parking lot.

Comments

Edit Your Comment

  1. Excuse My Ambition Deficit Disorder says:

    So, they stole from people…the Feds seize their assets and most likely will sell off said assets. What about the people who were ripped of by the scammers? No money for you!

  2. Blueskylaw says:

    “Health Care Scammers Must Hand Over Keys To Aston Martin, Maserati, Yacht”

    In a related story, local government employees have been seen driving an
    expensive Aston Martin, Maserati and piloting a luxury yacht in local waters.

    • Claybird says:

      The upkeep on these luxury vehicles is expensive, the people who win the auction may get a deal paying way less for the item…but maintenance will even out the costs.

  3. Oranges w/ Cheese says:

    THE SHADOW KNOWS!

  4. JayDeEm says:

    Their TV commercials seemed to be obviously scammy. There were plenty of red flags: they aired mostly late in the evening, made frequent references to “President Obama’s National Health Plan” (or something of that nature), no obligation, 100% satisfaction, etc. They were playing on the heavy media coverage of HCR and trying to sell something. Might as well print the words “THIS IS A SCAM” across the top of the screen.

  5. oldwiz65 says:

    And of course the scammers don’t get prosecuted – they simply give up some assets and start over in a few days under a different name. Should they not be prosecuted as criminals as well?

    • voogru says:

      No, because if they’re put in jail they can’t go do more scams.

      The federal government likes free stuff.

      That’s be pretty funny story though, scammers run a scam business, federal government comes in and takes most of the stuff and lets them go (while paying them under the table).

      On top of that the federal government gets to look like it’s cracking down on crime! Everybody wins.

  6. evilpete says:

    Clearly they did not memo to move out of the country and change names

  7. Difdi says:

    The more successful a crime spree gets, the more resources police devote to catching the criminal(s). Since criminals almost never have the resources of even a third-world government on their side, there can be only one ending (unless you’re D.B. Cooper).

    So, crime either doesn’t pay or results in jail time, or both. Suppose a criminal did steal (for ease of math) $36,500. Seems like a lot, right? It breaks down to $100 a day for a year. But it’s not an 8 hour day, it’s a 24 hour one (jail doesn’t send you home at the shift change). So that works out to $4.16 an hour. Hmm, that’s not so awesome. And few criminals who steal that much will spend only a year in prison. A more typical sentence for that scale of theft is 10 years. $0.41 an hour really SUCKS as a wage. But suppose the judge goes for 20 years instead of 10? $0.20 an hour is even worse. Even if the thief got $365,000 that only results in $2-$4 an hour, and a sentence of 20 years (or considerably more) is a much higher probability.

    And all that assumes the criminal manages to stash the loot so that the police, any partners, or random passersby don’t stumble across it and take it.

    Crime for profit is a pretty bad idea, financially speaking.

    • Torgonius wants an edit button says:

      They’re just committing the wrong type of crimes with the wrong type of organization.

      If crime for profit was a bad idea, there would be no organized crime.