New York revokes psychiatrist Victor M. Basbus following criminal conviction

November 30, 2010

On October 27, 2010, the New York Department of Health (DOH) revoked psychiatrist Victor M. Basbus’ license to practice medicine. 

According to the state’s document, Basbus was convicted November 9, 2007 in the Supreme Court of the State of New York, County of New York, of the felonies of enterprise corruption, insurance fraud, grand larceny, four counts of offering a false instrument for filing, four counts of falsifying a business record and two counts of scheme to defraud. 

He was sentenced February 11, 2008 to two-to-six years confinement on each count and was re-sentenced on April 22, 2008 to one-to-three years confinement on the latter three charges. 

The document states that the conviction arose from Basbus’ participation as a physician in a criminal enterprise that engaged in crimes relating to no-fault insurance claims, including submitting fraudulent medical claims to insurance carriers. 

The DOH further imposed a $10,000 fine on Basbus. 

On April 23, 2007 the New Jersey State Board of Medical Examiners suspended Basbus’ license due to failure to cooperate with the Board. 

The Board had informed him in October 2005 that he was scheduled to appear at an inquiry regarding his care, treatment and billing of six particular patients.  Basbus had been indicted in New York in March 2005 for the above-referenced charges.  His counsel used this fact as a reason to request a six-month adjournment of the New Jersey Board inquiry.  Other similar such tactics were used to justify Basbus not appearing before the Board.  However, none of these justifications were sufficient to prevent him from appearing. 

Source: Determination and Order in the Matter of Victor M. Basbus, M.D., BPMC #10-216, State of New York Department of Health, State Board for Professional Medical Conduct.