Friday, October 19, 2018
Business

Guilty plea for WellCare Health Plans former counsel Thaddeus Bereday

Former WellCare Health Plans general counsel Thaddeus M.S. Bereday pleaded guilty to one count of making a false statement to the Florida Medicaid program, and faces a maximum penalty of five years in federal prison. A sentencing date has not yet been set, acting U.S. Attorney W. Stephen Muldrow of the Middle District of Florida said Wednesday.

On March 2, 2011, Bereday — along with fellow WellCare executives Todd S. Farha, Paul L. Behrens, William L. Kale, and Peter E. Clay — were indicted on various federal criminal violations relating to a scheme to defraud the Florida Medicaid program between 2003 and 2007. Federal officials say the executives made false and fraudulent statements relating to how they spent money on behavioral health care services.

After a 13-week trial in 2013, a jury returned verdicts against former CEO Farha, former CFO Behrens and former vice presidents Kale and Clay.

Bereday, 52, did not participate in the 2013 trial due to health issues. His case was scheduled to be tried this September. As part of his plea, Bereday admitted that he knowingly caused the submission of a false 2006 expenditure report to the Florida Medicaid program.

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Published: 10/19/18