SYD TEST - Money Launderer Sentenced To 30 Months In Prison For Laundering Millions Of Dollars Of Health Care Fraud Proceeds

www.Justice.gov, Press Release, June 13, 2024

Damian Williams, the United States Attorney for the Southern District of New York, announced that MUKHIDDIN KADIROV was sentenced today to 30 months in prison for his involvement in a conspiracy to launder millions of dollars from a health care fraud scheme that primarily targeted the Medicare and Medicaid programs.  KADIROV controlled three shell company bank accounts, opened in the name of another person, that he used to launder over $6 million in health care fraud proceeds, including over $4 million for his co-defendant NERIK ILYAYEV.  KADIROV previously pled guilty to one count of conspiracy to commit concealment money laundering before U.S. District Judge Gregory H. Woods, who imposed today’s sentence. 

According to the Complaint, the Information, court filings, and public court proceedings:

From approximately March 2021 through the spring of 2022, KADIROV participated in a sophisticated money laundering network that primarily launders health care fraud proceeds (the “Money Laundering Network”).  Members of the Money Laundering Network typically deposit checks from health care companies that represent health care fraud proceeds into New York-based bank accounts held by shell companies.  The conspirators controlling the shell companies collect cash typically from U.S.-based individuals who want to remit funds, often to Uzbekistan, through unlicensed channels.  The conspirators controlling the shell companies then provide that cash, minus a fee, to the conspirators providing the health care checks.  The conspirators controlling the shell companies next typically wire the check deposit proceeds from the shell companies to foreign companies to purchase goods from those foreign companies.  The foreign companies ship the goods to importers in Uzbekistan.  The importers pay the Uzbekistan-based partners of the conspirators operating the shell companies in U.S. currency for the goods.  Those Uzbekistan-based partners would then give the U.S. currency to the families and friends of the individuals who had provided the cash to the conspirators controlling the shell companies in New York. Continue Press release