Brooklyn Banker Pleads Guilty to Laundering Proceeds of Medicare Fraud for Transnational Criminal Organization

Brooklyn Banker Pleads Guilty to Laundering Proceeds of Medicare Fraud for Transnational Criminal Organization

A New York man pleaded guilty today to participating in a scheme to launder more than $8 million in health care fraud proceeds through a U.S. bank on behalf of a transnational criminal organization (TCO). This marks the first time the Health Care Fraud Unit has charged and convicted a former bank employee for conspiring to launder health care fraud proceeds. According to court documents, Renat Abramov, 36, of Brooklyn, a former relationship manager at a U.S. bank branch in Sheepshead Bay, used his position to aid a sophisticated international scheme uncovered by Operation Gold Rush. Abramov, a dual citizen of the United States and Azerbaijan, was a member of a TCO that allegedly submitted more than $10 billion in fraudulent Medicare claims by stealing the identities of over one million Americans, including elderly and disabled citizens in all 50 states.

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