A federal jury has convicted 64-year-old Texas clinic owner Kevin D. Curry for orchestrating a $26 million TRICARE healthcare fraud, illegal kickback, and money laundering scheme that targeted military service members, veterans, and their dependents.
Fraudulent TMS Billing and Medical Impersonation
According to the U.S. Department of Justice, Curry operated Acuity TMS of Plano and Acuity TMS of Fort Worth in Texas, as well as Emerald Coast TMS of Fort Walton Beach in Florida. The clinics submitted tens of millions of dollars in fraudulent billing claims to TRICARE, the military healthcare program, for transcranial magnetic stimulation (TMS) therapy.
Evidence presented at trial revealed that numerous billed TMS procedures were never performed, others were drastically inflated, and many patients failed to meet clinical criteria for the specialized psychiatric treatment. Prosecutors proved that Curry paid over $5.5 million in unlawful kickbacks to recruit military beneficiaries. In addition, Curry impersonated a physician, exploited licensed doctors’ credentials without their knowledge or consent, and ordered staff to falsify medical records.
$17 Million Payout and Luxury Spending
Curry’s clinics billed TRICARE for more than $26 million in fraudulent claims, resulting in actual program payouts totaling approximately $17 million.
Court proceedings highlighted that Curry converted stolen funds into high-end personal luxuries. Investigative findings confirmed expenditures on elite hotel accommodations, an extravagant casino-style party, and a custom gold-plated Tesla Cybertruck valued at over $100,000.
Conviction on Nine Federal Counts
Curry was found guilty of nine federal offenses, including healthcare fraud, paying illegal kickbacks, and engaging in monetary transactions in criminally derived property. Each count carries a statutory maximum penalty of up to 10 years in federal prison. A federal district judge will determine his final sentence following a presentence investigation.
