We are watching as California Attorney General Rob Bonta and the Department of Health Care Services (DHCS) announce the takedown of a $267 million healthcare fraud ring in the state. Bonta said during a press conference detailing the operation on Thursday that the investigation culminated with search and arrest warrants executed at 12 locations across Southern California. Known as "Operation Skip Trace," law enforcement reportedly seized $757,000 in cash and two firearms during the raids.