Press Releases
INSURANCE COMPANY EXECUTIVES SENTENCED BY FEDERAL JUDGE
November 13, 2008
FOR IMMEDIATE RELEASE
BARRY S. SCHEUR, age 51, a resident of Massachusetts, and ROBERT MCMILLAN, age 59, a resident of Texas, were sentenced on November 12, 2008 by U.S. District Judge Eldon Fallon after being convicted at trial of conspiracy, wire fraud and mail fraud charges relating to their operation of the now defunct HMO The Oath for Louisiana, announced U. S. Attorney Jim Letten.
BARRY S. SCHEUR, the owner and president of The Oath for Louisiana, was sentenced to 20 months in prison, a $20,000.00 fine, and 2 years of supervised release. ROBERT MCMILLAN, the Chief Financial Officer of the Oath for Louisiana, was sentenced to 13 months in prison, a $13,000.00 fine, and 2 years of supervised release. The Court also ordered that the defendants jointly forfeit approximately $330,000.00 in proceeds received by the defendants as a result their fraud scheme.
The case was investigated by the U. S. Postal Inspection Service and the U. S. Department of Labor. The prosecution was handled by Assistant U. S. Attorney Dall Kammer and Department of Justice Trial Attorney Joseph Capone.
