Little Rock Psychologist Indicted by Federal Grand Jury for Defrauding Medicare and Arkansas Blue Cross Blue Shield

A Little Rock psychologist, Krameelah Banks, has been indicted for defrauding Medicare and Arkansas Blue Cross and Blue Shield. She faces multiple charges including wire fraud and aggravated identity theft. Banks allegedly billed for thousands of hours of non-existent psychological services from 2021 to 2023, resulting in over $500,000 in losses for insurers. The indictment claims she created fictitious records to cover her actions and misled the FBI regarding the overbilling. The defendant is presumed innocent until proven guilty.