Pharmacy Owner Sentenced to Four Years
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July 23, 2024
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By Senior Medicare Patrol
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Nerik Ilyayev was sentenced to four years in prison for his involvement in a multimillion-dollar health care fraud scheme that targeted the Medicare and Medicaid programs and private insurance companies. Ilyayev owned and operated two different pharmacies and submitted millions of dollars in fraudulent claims to the government health care programs and private insurers. The scheme included paying illegal kickbacks to low-income HIV patients to recruit them to fill prescriptions for expensive HIV medications that he did not actually dispense. He was ordered to pay restitution and forfeit more than $6 million. Read a Department of Justice press release.
