Leader Of Black-Market HIV Medication Fraud Scheme Pleads Guilty
summary
Boris Aminov, leader of a black-market HIV medication scheme, pleaded guilty to conspiracy to commit health care fraud for defrauding Medicaid, Medicare, and private insurance companies out of at least $20 million.
paragraph
Boris Aminov, a 47-year-old Brooklyn resident, orchestrated a years-long scheme that defrauded Medicaid, Medicare, and private insurers of at least $20 million by trafficking black-market HIV medications. He distributed counterfeit or illicitly obtained HIV drugs to pharmacies owned by co-conspirators, which then dispensed them to unsuspecting, vulnerable patients. Aminov faces a maximum of 10 years in prison, with sentencing scheduled for April 17, 2024.
narrative
Boris Aminov, the leader of a black-market HIV medication scheme, pleaded guilty to conspiracy to commit health care fraud for defrauding Medicaid, Medicare, and private insurance companies out of at least $20 million. Aminov, a 47-year-old Brooklyn resident, orchestrated a years-long scheme that lasted from 2017 to 2023, distributing counterfeit or illicitly obtained HIV drugs to pharmacies owned by co-conspirators. These pharmacies then dispensed the unsafe, unregulated medication to vulnerable, low-income patients who were unaware of the scheme. To conceal the proceeds, funds were funneled through pharmacy bank accounts into shell companies controlled by Aminov. Aminov faces a maximum of 10 years in prison, with sentencing scheduled for April 17, 2024. The FBI investigated the case, and the U.S. Attorney’s Office for the Southern District of New York prosecuted it. In total, 10 other defendants were also charged in connection with the scheme.
Classified health-care-fraud(confidence 99%). No EDGAR filing fingerprint (criminal/DOJ-side scheme). detection rule →
Parties
boris aminovthe outstanding investigative work of the fbi
Keywords
hivschemeaminovmedicationblack-marketfraudlinkleader black-marketmedication fraudfraud schemescheme pleadsgovernment non-governmentnon-government sitessites typicallytypically appear
Extracted insights
Dollar amounts 1
- $20.00M $20 million $10M–$100M
Entities 2
- person boris aminov
- agency the outstanding investigative work of the fbi
Triples 10
- Boris Aminov Pled Guilty To Conspiracy To Commit Health Care Fraud
- Boris Aminov Engaged In A Years-Long Scheme To Defraud Medicaid, Medicare, And Private Insurance Companies Out Of At Least $20 Million
- Boris Aminov Distributed Black-Market Hiv Medications To Pharmacies Owned And Operated By Other Co-Conspirators
- Co-Conspirators Used Bank Accounts Associated With Their Respective Pharmacies To Funnel Money To Shell Companies Controlled By Boris Aminov
- Boris Aminov Orchestrated A Scheme To Get Rich By Lying To Medicaid, Medicare, And Private Insurance Companies
- Boris Aminov Made Millions Of Dollars Through Buying And Distributing Black-Market Hiv Medications To Pharmacies All Over New York City
- U.S. Attorney Damian Williams Announced That Boris Aminov Pled Guilty Today To Conspiracy To Commit Health Care Fraud
- U.S. Attorney Damian Williams Praised The Outstanding Investigative Work Of The Fbi
- The Case Is Being Handled By The Office’S General Crimes Unit
- Assistant U.S. Attorneys Jeffrey W. Coyle And Jackie Delligatti Are In Charge Of The Prosecution
Extracted body text (3,563c)
Press Release Leader Of Black-Market HIV Medication Fraud Scheme Pleads Guilty Monday, December 11, 2023 Share FacebookLinks to other government and non-government sites will typically appear with the “external link” icon to indicate that you are leaving the Department of Justice website when you click the link. XLinks to other government and non-government sites will typically appear with the “external link” icon to indicate that you are leaving the Department of Justice website when you click the link. LinkedInLinks to other government and non-government sites will typically appear with the “external link” icon to indicate that you are leaving the Department of Justice website when you click the link. Email For Immediate Release U.S. Attorney's Office, Southern District of New York Damian Williams, the United States Attorney for the Southern District of New York, announced that BORIS AMINOV pled guilty today to conspiracy to commit health care fraud in connection with engaging in a years-long scheme to defraud Medicaid, Medicare, and private insurance companies out of at least $20 million. 10 other defendants were charged in connection with the scheme in two separate indictments unsealed in March and October 2023. AMINOV pled guilty before U.S. District Judge Mary Kay Vyskocil and is scheduled to be sentenced on April 17, 2024. U.S. Attorney Damian Williams said: “Boris Aminov orchestrated a scheme to get rich by lying to Medicaid, Medicare, and private insurance companies and by depriving vulnerable HIV patients of legitimate and safe medications. Aminov also made millions of dollars through buying and distributing black-market HIV medications to pharmacies all over New York City. This Office will be tireless in its pursuit of those who seek to line their pockets by preying on vulnerable members of society.” According to the allegations contained in the Superseding Indictments and statements made in court proceedings: From at least in or about 2017 through at least in or about 2023, AMINOV and others engaged in a scheme that defrauded Medicaid, Medicare, and private insurance companies out of at least approximately $20 million through trafficking in black-market HIV medication. In doing so, they exploited at least hundreds of low-income individuals who had been prescribed HIV medication, jeopardizing the health and safety of those vulnerable patients. AMINOV distributed black-market HIV medications to pharmacies that were owned and operated by other co-conspirators. That medication was then dispensed to unknowing patients who believed they were receiving legitimate medication. To further their scheme and conceal their proceeds, co-conspirators used bank accounts associated with their respective pharmacies to funnel money to shell companies controlled by AMINOV. * * * AMINOV, 47, of Brooklyn, New York, pled guilty to one count of conspiracy to commit health care fraud, which carries a maximum potential sentence of 10 years in prison. The maximum potential sentence in this case is prescribed by Congress and is provided here for informational purposes only, as any sentencing of the defendant will be determined by the judge. Mr. Williams praised the outstanding investigative work of the FBI. This case is being handled by the Office’s General Crimes Unit. Assistant U.S. Attorneys Jeffrey W. Coyle and Jackie Delligatti are in charge of the prosecution. Contact Nicholas Biase (212) 637-2600 Updated December 11, 2023 Topic Healthcare Fraud Component USAO - New York, Southern Press Release Number: 23-424
OCR text (3,563c · html-text · 99% conf)
Press Release Leader Of Black-Market HIV Medication Fraud Scheme Pleads Guilty Monday, December 11, 2023 Share FacebookLinks to other government and non-government sites will typically appear with the “external link” icon to indicate that you are leaving the Department of Justice website when you click the link. XLinks to other government and non-government sites will typically appear with the “external link” icon to indicate that you are leaving the Department of Justice website when you click the link. LinkedInLinks to other government and non-government sites will typically appear with the “external link” icon to indicate that you are leaving the Department of Justice website when you click the link. Email For Immediate Release U.S. Attorney's Office, Southern District of New York Damian Williams, the United States Attorney for the Southern District of New York, announced that BORIS AMINOV pled guilty today to conspiracy to commit health care fraud in connection with engaging in a years-long scheme to defraud Medicaid, Medicare, and private insurance companies out of at least $20 million. 10 other defendants were charged in connection with the scheme in two separate indictments unsealed in March and October 2023. AMINOV pled guilty before U.S. District Judge Mary Kay Vyskocil and is scheduled to be sentenced on April 17, 2024. U.S. Attorney Damian Williams said: “Boris Aminov orchestrated a scheme to get rich by lying to Medicaid, Medicare, and private insurance companies and by depriving vulnerable HIV patients of legitimate and safe medications. Aminov also made millions of dollars through buying and distributing black-market HIV medications to pharmacies all over New York City. This Office will be tireless in its pursuit of those who seek to line their pockets by preying on vulnerable members of society.” According to the allegations contained in the Superseding Indictments and statements made in court proceedings: From at least in or about 2017 through at least in or about 2023, AMINOV and others engaged in a scheme that defrauded Medicaid, Medicare, and private insurance companies out of at least approximately $20 million through trafficking in black-market HIV medication. In doing so, they exploited at least hundreds of low-income individuals who had been prescribed HIV medication, jeopardizing the health and safety of those vulnerable patients. AMINOV distributed black-market HIV medications to pharmacies that were owned and operated by other co-conspirators. That medication was then dispensed to unknowing patients who believed they were receiving legitimate medication. To further their scheme and conceal their proceeds, co-conspirators used bank accounts associated with their respective pharmacies to funnel money to shell companies controlled by AMINOV. * * * AMINOV, 47, of Brooklyn, New York, pled guilty to one count of conspiracy to commit health care fraud, which carries a maximum potential sentence of 10 years in prison. The maximum potential sentence in this case is prescribed by Congress and is provided here for informational purposes only, as any sentencing of the defendant will be determined by the judge. Mr. Williams praised the outstanding investigative work of the FBI. This case is being handled by the Office’s General Crimes Unit. Assistant U.S. Attorneys Jeffrey W. Coyle and Jackie Delligatti are in charge of the prosecution. Contact Nicholas Biase (212) 637-2600 Updated December 11, 2023 Topic Healthcare Fraud Component USAO - New York, Southern Press Release Number: 23-424