Fake Patients, Real Losses: The Synthetic Identity Crossover to Healthcare (1 ML)

"Chris was very well versed on the subject and his expertise was

evident in the details and data presented." - Rose H.

Title: Fake Patients, Real Losses: The Synthetic Identity Crossover to Healthcare

Presenter: Christopher DeAngelis, CFE

Credit: 1 Medicolegal

Session Description: Synthetic identity fraud, barely a decade old and once only the problem of credit issuers, has grown exponentially in healthcare and other industries, mostly fueled by pandemic-related opportunities. Now, it is here to stay as one of the top contributors to the estimated 3% of annual healthcare spending in the U.S. that is associated with fraud. This webinar will provide an overview of synthetic identities, how they are created, and how they are utilized. We’ll also review significant healthcare fraud cases involving synthetic identities and learn about current and future strategies to detect and prevent synthetic identity fraud.

Bio: Currently Vice President of Enterprise Fraud Strategy and Prevention at Zelis, Chris has over 20 years of fraud-fighting experience. Before entering the healthcare sector, Chris acquired expertise in financial services by serving in key leadership roles in FinTech (PayPal), as well as banking (Capital One, Chase, Citi.) A frequent industry speaker and panelist on fraud and financial crime topics, his education includes a Bachelor of Arts degree in Criminal Justice from Widener University, a Master of Science degree in Administration of Justice and Homeland Security from Wilmington University and achievement of the CFE credential, as a Certified Fraud Examiner.

Recording Origination Date: December 4, 2023