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Feds announce biggest-ever Medicare fraud, totaling $450 million

Federal prosecutors have charged 107 people, including doctors and nurses, in seven U.S. cities, accusing them of taking part in schemes to cheat the Medicare system out of $452 million through phony billing. Authorities are calling this the largest one-day takedown ever by the government's Medicare fraud task force.

At a news conference Wednesday, Attorney General Eric Holder said they "underscore the Justice Department's determination to move aggressively in bringing to justice those who would violate our laws and defraud the Medicare program for their personal gain.

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