Community activist Cedric Dean of Charlotte, North Carolina, is under investigation following FBI raids on his properties. According to WCNC Charlotte, federal agents executed search warrants yesterday as part of a probe into an alleged Medicaid fraud scheme involving Dean and his company, Cedric Dean Holdings.
Authorities allege that Dean obtained Medicaid IDs from homeless individuals by offering food and shelter, then used the information to submit false claims. The Hindustan Times reports that about $14.5 million in claims were filed, with $9 million in reimbursements received. Federal officials have moved to seize related assets, including vehicles and real estate.
The investigation also includes Dean’s HELP drug recovery program. Court documents obtained by Queen City News allege that the company billed Medicaid approximately $1 million per month for services that were not provided. Investigators claim Dean used digital payment apps such as CashApp to compensate staff and recruiters.
No criminal charges have been filed at this time. The investigation is ongoing as federal authorities review the financial and operational details of Dean’s programs and business activities.
