This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Allstate Insurance Company Files $6.6 Million Medical Fraud Lawsuit Against 47 Durable Medical Supply Entities And Their Respective Individual Owners

HAUPPAUGE, N.Y., June 21, 2013 /PRNewswire/ -- Allstate Insurance Company is seeking to recover $6.6 million in treble damages against 80 New York and Florida area defendants in its 4th insurance fraud lawsuit of 2013. Since 2003, Allstate has filed 48 fraud lawsuits in New York State seeking more than $237 million in damages. 

The complaint was filed in the United States District Court for the Eastern District of New York against the following defendants: Fotima Abutova, Ivan Batiashvili, Sam Blinder, Michael Borukhov, Yuriy Denisov, Konstantin Dzhaginov, Aleksandr Firayner, Vladimir Geykhman, Moysey Ifraimov, Vladimir Kaminsky, Ariel Kandhozov a/k/a Ariel Kandhorov and Ariel Kand, Ruslan Kapusta, Gabriel Kohen, Alexander Konviser, Sergey Lazarev, Daniel Lyandres, Olga Mullakandova, Vladimir Nazarov, Yevgeny Nemets, Serge Ogan, Semyon Pogrebizhsky, Yevgeny Spektor, Inna Tkachenko, Maksym Tkachenko, Renata Tkachenko, Iosif Valdman, David Zilber, Nisa Zulunov, Advanced Medical Supply Inc., B & Y Surgical Supplies Inc., Big Apple Ortho Products, Inc., Excel Medical Supplies, Inc., Five Boro Medical Equipment, Inc., G & A Medical Supply LLC, Goldstar Equipment Inc., Health Aid Medical Supply Inc, IG Medical Supply, LLC., Infinity Medical Supply Inc. d/b/a Kun Medical Supply, Lender Medical Supply Inc., Longevity Medical Supply, Inc., Multi Service of NY Inc., New Way Medical Supply, Corp., Next Century Enterprises, Inc., OrthoPlus Products, Inc., OS Ortho Services Inc., Premier DME Corp., ProDME, Inc., Quality Service Supplies Inc., Six Star Supply, Inc., Soho Medical Supplies Inc., SVP Medsupply Inc., TAM Medical Supply Corp., TSM Medical Supply & Orthocare Inc., Ultimate Health Products Inc., Ultra Ortho Products Inc., Unlimited Medical Supply Services Inc., V+B Magic Recovery Supply Inc., VIP Medical Supplies, Inc., Vladenn Medical Supply Corp., Margarita Akmalova, Shimon Indictor, Oleg Simakov, Vadim Zalogin, Michael Zavrazhin, A to Z Wholesale Inc., American Mobility Medical, Inc., Any Choice Supply, Inc., Devonian Inc., Easy Hill Wholesale Medical Supply Inc., IDEL International Trading Inc., IG&NAT Services, Inc., Imprezza NYC Inc., Major Market Merchandise Inc., MEM Wholesale Inc., Mikos Trading, Inc., MIKS Trading, Inc., New Step Services Inc., One Stop Wholesale, Inc., ROPA Inc., and VZ Group Inc. 

It alleges that 31 durable medical retail equipment companies and 28 individuals, who allegedly owned one or more of these retail companies, and 16 durable medical wholesale companies and 5 individuals, who allegedly owned one or more of the wholesale companies, submitted or facilitated the submission of fraudulent and is leading bills and supporting documents to Allstate for reimbursement under New York State's No-fault Law.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,960.57 -123.23 -0.72%
S&P 500 1,978.34 -9.64 -0.48%
NASDAQ 4,449.5640 -22.5440 -0.50%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs