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Former Health Insurance Coverage Supervisor Sentenced to Federal Prison for Embezzling Nearly One Million Dollars from Employer
April 16th, 2024
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News & Politics
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3 minute read
Former Health Insurance Coverage Supervisor Sentenced to Federal Prison for Embezzling Nearly One Million Dollars from Employer
INDIANAPOLIS - Yolanda Brooks, 52, of Indianapolis, has been sentenced to 18 months in federal prison after pleading guilty to wire fraud.According to court documents, Yolanda Brooks was employed by Company A as a Medicaid Supervisor from December 16, 2005, until July 2, 2020. Company A processed medical insurance claims on behalf of Medicare, Medicaid, and commercial insurance companies.Brooks’ responsibilities included processing medical care claims to be paid by Medicaid and other medical insurance carriers. In performance of her duties, Brooks had access to checks in the possession of Company A, which were to be processed as refunds or reimbursements to their clients.In March and July of 2018, Brooks opened two personal bank accounts at Key Bank in her maiden name, Yolanda Mohid. The address listed for both accounts was Brook’s personal residence in Indianapolis. Other than the introductory title of ‘Yolanda Mohid’ on each account, the account names were similar to the names of clients of Company A.Between March 22, 2018, and July 23, 2021, Brooks took approximately 486 checks mailed to Company A in the total amount of $920,148.51 and deposited them into her two personal bank accounts referenced above. Brooks falsely represented to the bank that she was authorized to negotiate said checks and deposit them into her personal accounts.
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