Leader of Black-Market HIV Medication Fraud Scheme Sentenced to Nine Years in Prison

Boris Aminov was sentenced to nine years in prison for engaging in a years-long scheme that exploited vulnerable HIV patients and defrauded Medicaid, Medicare, and private insurance companies out of at least $20 million. 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. 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. In addition to the prison term, Aminov, 47, of Brooklyn, New York, was sentenced to three years of supervised release, ordered to pay restitution in the amount of $13,270,379.50, and ordered to pay forfeiture in the amount of $4,401,495.00.

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