Kevin D. Curry, a Frisco, Texas counselor, was convicted on nine federal counts after prosecutors said he used proceeds from a TRICARE billing scheme to buy lavish items, including a gold-colored Cybertruck. Acuity TMS reportedly submitted more than $26 million in false claims, with TRICARE paying roughly $17 million; investigators allege Curry paid over $5.5 million in kickbacks. Authorities have recovered about $200,000 so far; sentencing will be determined by a federal judge after guidelines are applied.
Jury Convicts Texas Clinic Owner Who Bought 'Gold' Cybertruck With TRICARE Fraud Proceeds
Image credit: U.S. Department of Justice
Kevin D. Curry, a 64-year-old licensed professional counselor from Frisco, Texas, was convicted by a federal jury in Fort Worth for running a multimillion-dollar fraud scheme that prosecutors say funded conspicuous personal purchases — including a gold-colored Cybertruck.
The Fraud Scheme and Seizures
Prosecutors say Curry owned and operated Acuity TMS clinics in Texas and Florida and submitted more than $26 million in false, fraudulent, and kickback-tainted claims to TRICARE, which paid roughly $17 million. Evidence presented at trial alleged Curry paid or offered more than $5.5 million in kickbacks to recruit active-duty service members, veterans, and their family members into transcranial magnetic stimulation (TMS) therapy they did not qualify for or never received.
Federal agents seized a 2024 Cybertruck from Curry on Jan. 21, 2026, and later announced charges in June. At the time the Justice Department made the case public, roughly $200,000 in assets had been seized, including $136,022 in cash and the Tesla. The FBI’s forfeiture paperwork assigned the Cybertruck a value of $73,230, while DOJ statements described it as “gold-plated” and worth more than $100,000 — illustrating how purchase price, modification costs, and law enforcement valuations can differ.
About the Cybertruck Finish
The Justice Department repeatedly described the vehicle as "gold-plated," but onlookers and photos suggest a mirror-like gold-chrome wrap rather than an electroplated 24-karat finish. For context, a separate, documented Cybertruck plating used genuine 24-karat gold and, despite its material cost, still sold at auction for about $102,000 — underscoring that extensive customization does not guarantee resale value.
Charges, Conviction, and Potential Sentence
The jury convicted Curry on nine counts: three counts of health-care fraud, three counts of offering and paying illegal health-care kickbacks, and three counts of conducting monetary transactions in criminally derived property. Each count carries a statutory maximum penalty of 10 years in prison. Sentencing will be set later by a federal judge after review of the sentencing guidelines and other statutory factors.
Allegations About Credentials and Records
Prosecutors also presented evidence that Curry misrepresented himself as a medical doctor, used physicians' credentials without their knowledge when billing TRICARE, and directed employees to fabricate medical records supporting the false claims.
Investigations and Next Steps
The case was investigated by the Defense Criminal Investigative Service, the FBI, the Texas Attorney General’s Medicaid Fraud Control Unit, and the Department of Veterans Affairs Office of Inspector General. Restitution and forfeiture proceedings are ongoing as authorities seek to identify and recover additional proceeds from the alleged scheme.
Assistant Attorney General Colin McDonald called out the use of "stolen taxpayer dollars" for personal luxuries, using the gold Cybertruck as a symbol of conspicuous spending during the Justice Department's public messaging about the conviction.
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