File Photo
Between February 2017 and July 2018, Khaimov and his co-conspirators used the computers of pharmacies they operated in Queens and Manhattan to submit claims for approximately $7.2 million in reimbursements for medications that the pharmacies never actually dispensed.
By Forum Staff
A Forest Hills man has been sentenced to 51 months in prison for defrauding a pharmaceutical manufacturer of approximately $7.2 million by submitting fraudulent claims under the manufacturer’s Co-pay Coupon Program, federal prosecutors announced Thursday.
As part of the sentence, Arkadiy “Alex” Khaimov, 39, was ordered to forfeit approximately $489,000 as proceeds involved in the fraudulent scheme and to pay restitution of approximately $7.2 million.
In August 2020, Khaimov pleaded guilty to conspiracy to commit mail and wire fraud.
File Photo
Peace said Khaimov “selfishly stole” from an important government program.
The pharmaceutical manufacturer, referred to in the indictment as “John Doe Company 1,” established the Co-pay Coupon Program to reimburse pharmacies for dispensing a prescription medication, which was described as a “priceless breakthrough” and potential “cure” for a serious and possibly deadly disease, to the uninsured and those in need of financial assistance. Between February 2017 and July 2018, Khaimov and his co-conspirators used the computers of pharmacies they operated in Queens and Manhattan to submit claims for approximately $7.2 million in reimbursements under the Co-pay Coupon Program for medications that the pharmacies never actually dispensed. In some cases, Khaimov and his co-conspirators fraudulently used the credentials of a Nassau County-based physician to submit the false claims.
“Khaimov selfishly stole from a program that was intended to reduce the cost of a medication to uninsured individuals and those in need of financial assistance, who were suffering from a serious and potentially life-threatening disease,” said Brooklyn U.S. Attorney Breon Peace.
