I Ran a $4 Million Medicare Scam — Then the FBI Showed Up 8 Years Later | Sharita Richardson episode artwork

EPISODE · Aug 5, 2025 · 1H 35M

I Ran a $4 Million Medicare Scam — Then the FBI Showed Up 8 Years Later | Sharita Richardson

from Locked In with Ian Bick · host Ian Bick

Sharita Richardson went from respected educator and mental health business owner to federal inmate. Raised by a single mom in North Carolina, Sharita followed a passion for helping others, leaving behind a career in teaching to open her own mental health agency. But when government regulations changed and the money stopped flowing, she found herself in financial crisis — and made a life-altering decision. What started as a desperate move turned into a multi-million dollar Medicare fraud scheme. Years later, the FBI showed up. In this interview, Sharita breaks down how it all happened, the day she was arrested, and what 23 months in federal prison taught her about survival, guilt, and redemption. #MedicareFraud #TrueCrime #PrisonStory #WhiteCollarCrime #MentalHealthBusiness #LockedInWithIanBick #FBIArrest #FederalPrison #SharitaRichardson #redemptionstory Connect with Sharita Richardson: Instagram: @IamSharitaMona TikTok: @SharitaMona Website: www.freesharita.com Hosted, Executive Produced & Edited By Ian Bick: https://www.instagram.com/ian_bick/?hl=en https://ianbick.com/ Get 50% off the Magic Mind offer here: https://www.magicmind.com/IANB50. #magicmind #mentalwealth #mentalperformance Presented by Tyson 2.0 & Wooooo Energy: https://tyson20.com/ https://woooooenergy.com/ Use code LOCKEDIN for 20% OFF Wooooo Energy Buy Merch: http://www.ianbick.com/shop Timestamps: 00:00:00 The Rise and Fall of a Medicare Fraud Scheme 00:05:50 Career Shift from Law School to Teaching 00:11:45 Starting a Group Home: From Idea to Reality 00:17:52 The Journey from Teacher to Entrepreneur 00:24:11 Overcoming Self-Doubt and Insecurity 00:30:53 Discovering a System Scam 00:36:56 Mastering Accreditation Consulting 00:42:10 Understanding Fluffed Billing Practices 00:48:07 Understanding the Group Home Business Model 00:53:55 Struggling to Maintain Lifestyle Amidst Financial Pressure 01:00:00 Life-Altering Decision to Start Over 01:06:00 Unexpected Encounter with the FBI 01:12:01 Confrontation and Revelation at Starbucks 01:17:32 Understanding Conspiracy Charges 01:23:12 Life Transformation After Incarceration 01:29:11 Transitioning from Teaching to Entrepreneurship Powered by: Just Media House : https://www.justmediahouse.com/ Creative direction, design, assets, support by FWRD: https://www.fwrd.co Learn more about your ad choices. Visit podcastchoices.com/adchoices

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I Ran a $4 Million Medicare Scam — Then the FBI Showed Up 8 Years Later | Sharita Richardson

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