Feds Accuse Charlotte Housing Advocate of $14M Medicaid Fraud Scheme Targeting Homeless

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Federal prosecutors in North Carolina have accused Cedric Dean, a Charlotte-based housing advocate and CEO of Cedric Dean Holdings Inc., of orchestrating a multimillion-dollar Medicaid fraud scheme that allegedly exploited the personal information of unhoused individuals to bill for services never rendered.

According to a civil forfeiture complaint filed Thursday in the U.S. District Court for the Western District of North Carolina, prosecutors allege that Dean’s company billed Medicaid for more than $14 million between September 2024 and June 2025, receiving approximately $8.9 million in reimbursements for mental and behavioral health services that were largely fictitious.

The FBI raided Dean’s $1 million residence on Youngblood Road in southwest Charlotte early Thursday, seizing multiple assets, including four homes, two motor homes, two SUVs, a truck, and several bank accounts tied to Dean and his company. A spokesperson for the U.S. Attorney’s Office confirmed that the FBI was “engaged in court-authorized investigative activity,” but declined further comment.

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