Two owners of transport and taxi companies in northern New York state have pleaded guilty to various fraud charges, including workers’ compensation and Medicaid fraud. These pleas are the latest developments in a two-year investigation into fraud led by the New York State Police in the Capital and Adirondack regions of the state.
Arshad Nazir, age 54, of Plattsburg is the owner of Capital Medallion, which does business under the name Avalanche Taxi. Nazir pleaded guilty to the federal felonies of Conspiracy to Defraud the United States and to Pay Healthcare Kickbacks and Conspiracy to Commit Healthcare Fraud. As part of his plea agreement, at a later date, Nazir will also plead guilty to charges leveled by the state—Failure to Secure Workers’ Compensation and Grand Larceny in the Second Degree. Nazir will be sentenced on June 18. He faces a fine of up to $250,000 and ten years in prison.