August 4, 2026 - 3:55 pm

A Henderson doctor was indicted Tuesday and accused of submitting more than $95 million in false claims to Medicare for medically unnecessary treatment.

Medicare paid Dr. Stephen Dubin’s company, Dubin Medical Consultants, $54 million based on those claims, according to the federal indictment.

Dubin “used the proceeds of the conspiracy and fraud scheme to fund a lavish lifestyle and purchase luxury items, including having multi-million dollar yachts built for him,” the document states.

The indictment charges him with one count of conspiracy to commit healthcare fraud and five counts of healthcare fraud.

A person who answered a number listed for Dubin on Tuesday declined to comment but referred a reporter to Detroit-based white collar defense attorney Mark Kriger. Kriger did not respond to requests for comment.

The indictment alleges that between about 2021 and 2024, Dubin, an unidentified nurse and others conspired to commit healthcare fraud.

They submitted and caused the submission of fraudulent claims for items and services that were not only medically unreasonable but not provided as represented and “procured through illegal kickbacks and bribes,” the document alleges.

Dubin “agreed with others to receive and did receive illegal kickbacks, bribes, and rebates in exchange for purchasing allografts from Company 1 and Company 2,” the filing states. “These illegal payments were falsely structured to appear as legitimate ‘Rebate Agreements’ while concealing and disguising their true nature as illegal payments in exchange for orders and purchases of Company 1 and Company 2 allografts.”

According to the Life Link Tissue Bank, “An allograft is tissue (i.e. bone, ligaments, heart valves) recovered from a human donor for transplantation into another person.”

Dubin was part of an investigation by The New York Times last year about expensive bandages made from dehydrated placentas called skin substitutes.

The indictment alleges that “allografts were applied to infected wounds,” to terminally ill patients’ wounds that would not heal and without trying conservative wound care.

The doctor falsified medical records to make the allografts appear justified, according to the filing.

Using Dubin Medical Consultants, the doctor and others submitted false claims for the reimbursement of allografts at their full invoiced price, not the rebated price, then kept the difference between the reimbursement and price actually paid as profit, the indictment states.

Dubin would hand over Medicare’s reimbursement to one of the companies accused in the case, which then transferred the money to a shell company account and kicked 40 percent back to the doctor, according to the indictment.

He and others hid the cost of allografts by “using the amounts listed on sham invoices provided by Company 2” that did not reflect the 40 percent kickback he received, the filing alleges.

Company 2 is described in the indictment as a company operating out of Fort Worth, Texas.

The doctor previously told The Times that he bought bandages at a discount from Legacy Medical Consultants, which is based in Fort Worth.

The company did not respond to a message requesting comment Tuesday.

Contact Noble Brigham at nbrigham@reviewjournal.com.