by Justin Udo
PHILADELPHIA (CBS) -- A soccer commentator for the Philadelphia Union pleads guilty to defrauding a pharmaceutical company out of nearly $500,000, and causing more than $3.5 million in damages.
On Tuesday, 44-year-old Peter Pappas, of Drexel Hill, pleaded guilty to conspiracy to commit health care fraud for his part in a scam that swindled reimbursements for compound medication prescriptions.
Pappas, a district sales manager for Celgene, a global bio-pharmaceutical company based out of North Jersey, says he stole more than $481,000 in the scheme.
Pappas faces a maximum of 10 years in prison and a $250,000 fine, or twice the gross gain or loss from the offense.
His sentencing is scheduled for October 25th.
Union Commentator Pleads Guilty In Fraud Case
/ CBS Philadelphia
by Justin Udo
PHILADELPHIA (CBS) -- A soccer commentator for the Philadelphia Union pleads guilty to defrauding a pharmaceutical company out of nearly $500,000, and causing more than $3.5 million in damages.
On Tuesday, 44-year-old Peter Pappas, of Drexel Hill, pleaded guilty to conspiracy to commit health care fraud for his part in a scam that swindled reimbursements for compound medication prescriptions.
Pappas, a district sales manager for Celgene, a global bio-pharmaceutical company based out of North Jersey, says he stole more than $481,000 in the scheme.
Pappas faces a maximum of 10 years in prison and a $250,000 fine, or twice the gross gain or loss from the offense.
His sentencing is scheduled for October 25th.
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