Former Oklahoma City prosthetic limb maker's possessions to be auctioned off
Dakil Auctioneers, of Oklahoma City, will sell off a recording studio, vehicles and other personal property that once belonged to a man convicted of bilking Medicare and Medicaid out of millions of dollars.
A local auction company will sell off a recording studio, vehicles and other personal property that once belonged to a man convicted of bilking Medicare and Medicaid out of millions of dollars.
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Auctioneer Louis Dakil said the belongings of Lance Faulkner — who once owned his own prosthetic limb manufacturing company — could bring in hundreds of thousands of dollars at auction.
The sale will begin 9 a.m. Saturday at Dakil Auctioneers, 200 NW 114.
Fraud details
Court records show that Faulkner cheated Medicare and Medicaid out of at least $5.5 million by submitting false claims. He was convicted of billing the health care entities for expensive prosthetics that were given to patients with no prescription.
Faulkner also billed Medicare for hundreds of thousands of dollars in prosthetic limbs that were never given to patients.
A grand jury indictment handed down in February 2011 showed that Faulkner's crimes were committed between January 2006 and June 2010, and that he used doctors' identification numbers to submit the bogus claims.
Faulkner owned Heartland Orthotic Prosthetic Lab in Shawnee before his conviction.
One of his dreams was to own a recording studio and lodging area, which he called Little River Music Valley, where big-name performers could stay and record music.
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