Federal agents raided the home of Charlotte community activist Cedric Dean on Thursday as part of an investigation into an alleged multi-million dollar Medicaid fraud scheme, according to court documents obtained by Queen City News.
The FBI confirmed agents were conducting “court-authorized investigative activity” at Dean’s residence in the Palisades neighborhood. Investigators allege Dean and his company, Cedric Dean Holdings, billed Medicaid for mental health services that were never provided. Federal filings claim Dean targeted vulnerable individuals—often those experiencing homelessness—by offering food or temporary shelter in exchange for their Medicaid information.
Authorities said Dean’s company submitted false or inflated claims, used fabricated diagnoses, and paid recruiters via CashApp. The business allegedly billed around $1 million per month despite lacking staff to deliver care. Federal officials seized Dean’s bank accounts, vehicles, and several properties in Charlotte and Shelby, asserting they were purchased with fraud proceeds.
Neighbors told reporters they had long noticed unusual activity at Dean’s property, with frequent visitors and moving trucks. Dean, who previously served two decades in federal prison for cocaine trafficking, has not yet been formally charged.
The forfeiture case seeks to reclaim his assets while the investigation continues. Dean is also the founder of the HELP Program, a nonprofit claiming to assist formerly incarcerated individuals.
Sources:
Discover more from News Facts Network
Subscribe to get the latest posts sent to your email.
