Fact-check · Oct 30, 2026 · Scott Bessent
“8,000,000 in intended loss”
TRUE
What the record shows
FBI Director Kash Patel announced on October 30, 2026 that Feisal Elmi of Aspen Associates faced 11 counts of healthcare fraud with $8 million in intended loss, per the 26-count indictment.
The $8 million intended loss figure for Feisal Elmi is confirmed by official FBI announcement and multiple independent news sources covering the indictment.
Sources
- Rapid Response 47 on X: ".@FBIDirectorKash in Minnesota: Yesterday, @FBIMinneapolis and our partners executed 17 search warrants in a single day to combine into a 26-count indictment, and arrested four of the alleged fraudsters: Feisal Elmi, Aspen Associates — 11 counts of healthcare fraud, $8 mil… / X
- Trump officials tout charges, convictions tied to Minnesota social services fraud
- Office of Public Affairs
- Three people indicted in fraud cases ahead of visit by Trump administration officials
- Feds raid Minnesota businesses as part of Medicaid fraud investigation
- MN Fraud Latest
From: Secretary of the Treasury Scott Bessent Holds a Fraud Task Force Press Conference in St. Cloud, MN
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