Waxahachie nurse practitioner to forfeit over $40 million in fraud case

My Texas Daily, By Mathew Richards, March 5, 2025

DALLAS, Texas — Trivikram Reddy, a 43-year-old nurse practitioner from Waxahachie, Texas, has been ordered to forfeit more than $40 million from foreign accounts following his conviction for wire fraud conspiracy. The funds were traced to nearly 200 bank accounts in India, according to Acting U.S. Attorney Chad E. Meacham.

Reddy, who was sentenced to 20 years in prison in 2021, devised a scheme to defraud Medicare and several insurance companies, including Blue Cross Blue Shield of Texas, Aetna, UnitedHealthcare, Humana, and Cigna. He and his co-conspirators created false patient bills using the provider numbers of six doctors who did not provide any billable services to Reddy's clinics, according to court documents.

Following his conviction, the government filed a civil forfeiture action, alleging that Reddy and others laundered the fraud proceeds. Forensic financial analysis allowed the government to trace the funds and obtain seizure warrants. On March 3, 2025, U.S. District Judge Ada Brown ordered the funds to be transferred to U.S. government custody after Reddy and two family members agreed to the return of up to $41,237,703.16 from India.

Reddy pleaded guilty to conspiracy to commit wire fraud in October 2020. In addition to his prison sentence, Judge Brown ordered over $50 million in restitution to the victims of his offense. The civil forfeiture case is being handled by Assistant U.S. Attorney Dimitri Rocha, while Assistant U.S. Attorney Beverly Chapman is managing the restitution. The case was investigated by the FBI Dallas Field Office and Health and Human Services-Office of Inspector General (HHS-OIG).

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