Two pharmacy homeowners within the U.S. are sentenced for an $18 million COVID-19 well being care fraud and cash laundering scheme, the Justice Department stated Monday.
Peter Khaim, 44, of Forest Hills, New York, was sentenced Monday to eight years and one month in jail, whereas his brother and co-defendant Arkadiy Khaimov, 41, additionally of Forest Hills, was sentenced on April 3 to 6 years in jail, it stated in a press release.
The duo pleaded responsible in November 2022 to conspiracy to commit cash laundering expenses.
Khaim and Khaimov used the New York-area pharmacies to submit thousands and thousands of {dollars} in false and fraudulent claims to federal medical insurance program Medicare after which laundered the proceeds in the course of the coronavirus pandemic, in keeping with the assertion.
“To conceal over $18 million of their criminal proceeds, Khaim, Khaimov, and their co-conspirators funneled money through several shell companies, including sham pharmacy wholesale companies designed to look like legitimate wholesalers,” it added.
The duo despatched the funds from the pharmacy financial institution accounts they managed to the sham wholesale firms, which have been then despatched to firms in China for distribution to people in Uzbekistan.
Source: www.anews.com.tr