Corporate Compliance

CT Pharmacist pleads guilty to fraud charges

Compliance Monitor, July 15, 2009

Joby George pleaded guilty to one count of healthcare fraud and entered into a civil agreement requiring him to pay $344,000 to resolve claims that he violated the False Claims Act, according to a Department of Justice (DOJ) press release.
George was a licensed pharmacist in New Jersey, Connecticut, and New York, as well as part owner of Bynam Pharmacy in Greenwich, CT. Authorities allege that George billed for drugs he never dispensed and accepted cash payment for certain narcotics. Authorities also allege that George knowingly billed Medicare and Medicaid for brand name drugs, when he in fact dispensed cheaper generic drugs.
George is scheduled for sentencing on October 16. He will face a maximum penalty of 10 years in jail and a fine of up to $250,000.

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