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CEO Sentenced to 10 Years for Fraud

Published on July 19th, 2018

The New Tribune reported the 10 year prison sentence for James Burkhart, the former CEO of a company that operates dozens of Indiana nursing homes, for his role in kickback schemes involving nearly $20 million.  A federal judge ordered the prison term for Burkhart, who pleaded guilty to charges that included conspiracy to commit fraud, violate health care anti-kickback laws and money laundering.

Burkhart was the CEO of Indianapolis-based American Senior Communities until he was fired soon after federal agents raided his Carmel home in 2015.  Burkhart wasn’t satisfied with his $1.4 million annual salary and ran fraud and kickback schemes that enabled him to live a lavish lifestyle.  Burkhart received $7 million in bonuses during the six years he led the fraud and owned two vacation homes.

The charges against Burkhart included schemes having vendors inflate their bills to ACS and pay the excess to him or submitting bills from shell companies he formed for fictitious services.  Hope he rots in jail.

Joe Pioletti
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