FBI Raids Properties in Charlotte Over Alleged $14.5M Medicaid Scheme
#Charlotte — Federal agents executed court-authorized searches at multiple properties tied to activist Cedric Dean and Cedric Dean Holdings, part of a civil forfeiture case alleging a Medicaid billing scheme that exploited homeless residents.
Investigators say IDs were gathered with offers of meals or temporary housing; claims were then billed for services never delivered.
Filings cite reimbursements nearing $9M since late 2024 and billing far above peer providers.
Assets sought: four properties, five vehicles, and tens of thousands in bank funds.
Note: These are allegations in a civil filing; criminal charges were not announced at the time of reporting.