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

www.Justice.gov, Press Release, April 17, 2024

Boris Aminov Was Additionally Ordered to Pay More Than $13 Million in Restitution
Damian Williams, the United States Attorney for the Southern District of New York, announced that BORIS AMINOV was sentenced today 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.  AMINOV previously pled guilty to one count of conspiracy to commit health care fraud before U.S. District Judge Mary Kay Vyskocil, who imposed today’s sentence. 

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 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. Continue Press Release