US DoJ sentences a Georgian citizen to 37 months for laundering $1.1M from a sham Miami healthcare fraud scheme that falsely billed Medicare and insurers $179M

According to prosecutors, Nakashidze operated a sham Miami-based medical supply company that billed Medicare and private insurers approximately $179 million for medical products that were never provided, with proceeds transferred to co-conspirators in China and Hong Kong. The court also ordered forfeiture of more than $1.1 million, reinforcing DOJ efforts to disrupt transnational financial networks supporting healthcare fraud and illicit cross-border fund transfers…