Queens Man Pleads Guilty to Defrauding Pharmaceutical Manufacturer

Earlier today, at the federal courthouse in Central Islip, Arkadiy Khaimov pleaded guilty before United States Magistrate Judge A. Kathleen Tomlinson to conspiring to commit mail and wire fraud by defrauding a pharmaceutical manufacturer of approximately $6.9 million by submitting fraudulent claims under the manufacturer’s Co-pay Coupon Program.  As part of the plea, Khaimov agreed to forfeit approximately $489,000 as proceeds involved in the fraudulent scheme.  When sentenced, Khaimov faces up to 20 years in prison.

Seth D. DuCharme, Acting United States Attorney for the Eastern District of New York, announced the guilty plea.

“With today’s guilty plea, Khaimov is held accountable for bilking a program designed to reduce the cost of prescription medicines so that he could line his own pockets with millions of dollars,” stated Acting United States Attorney DuCharme.  “The defendant will now face the consequences of his fraudulent scheme.”  Mr. DuCharme expressed his grateful appreciation to the Federal Bureau of Investigation, New York Field Office, United States Postal Inspection Service and Internal Revenue Service-Criminal Investigation for their exemplary work on the case.

The pharmaceutical manufacturer, referred to in the indictment as “John Doe Company 1,” established the Co-pay Program to reimburse pharmacies for dispensing a prescription medication.  Between approximately February 2017 and July 2018, Khaimov and his co-conspirators submitted claims for approximately $6.9 million in reimbursements under the Co-pay Program for the medications that pharmacies operated by the defendant and his co-conspirators 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.

The government’s case is being handled by the Office’s Long Island Criminal Division.  Assistant United States Attorneys Bradley T. King, Madeline O’Connor and Department of Justice Trial Attorney Andrew Estes are in charge of the prosecution.

The Defendant:

ARKADIY KHAIMOV (also known as “Alex”)
Age:  37
Forest Hills, Queens

E.D.N.Y. Docket No. 20-CR-267 (SJF)