Winnetka man gets nearly 5 years for role in $16M Medicare fraud
10/08/25 at 03:00 AM
Winnetka man gets nearly 5 years for role in $16M Medicare fraud
Los Angeles Daily News, Los Angeles, CA; by City News Service; 10/6/25
A San Fernando Valley man was sentenced Monday, Oct. 6, to four years and nine months behind bars for his role in conning Medicare out of nearly $16 million through sham hospice companies and then helping launder the illicit proceeds. Karpis Srapyan, 35, was also ordered to pay restitution of $3.2 million to Medicare, according to the U.S. Department of Justice.