Federal prosecutors have filed a forfeiture complaint seeking to seize 3.5 million dollars in assets from the owner of two Ohio substance abuse treatment centers.
Prosecutors allege 38-year-old Ryan Sheridan conducted an extensive Medicaid fraud billing scheme from 2015 to 2017. No charges have been filed, but authorities are conducting an investigation into fraud and money laundering at Sheridan's Braking Point Recovery Services centers in Whitehall and suburban Youngstown. The centers were shut down in October 2017 during raids by federal and state investigators. The complaint says Braking Point received 31 million dollars in Medicaid reimbursements from 135 thousand claims between 2015 and 2017.
