Ohio Millionaire Indicted on Food Stamp Fraud Charges

An Ohio millionaire has been indicted on charges that he illegally received food stamps and Medicaid assistance.

Ali Pascal Mahvi is facing four felony counts, which could put him in jail for more than four years if convicted, WKYC reported.

Prosecutors say Mahvi illegally collected $45,000 in Medicaid benefits and about $8,400 in food stamps, although Mahvi maintains his innocence.

Investigators raided Mahvi’s home in September for evidence that he collected food stamps and received Medicaid benefits while having millions of dollars in his bank account.

Mahvi, who claims that he has ties to Iranian royalty and owns 70 percent of a resort in St. Lucia, estimates his worth at about $120 million.

His $800,000 home features five bedrooms and five bathrooms, an in-ground swimming pool, a stable with horses, and sports cars parked in the four-car garage.

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