New York pharmacy owner gets more than 5 years in prison for a $24 million Medicare fraud scheme
Apr 25, 2026
A 61-year-old New York pharmacy owner was sentenced to more than five years in federal prison for his role in laundering millions of dollars obtained through a scheme that defrauded Medicare and Medicaid.Taesung Kim, also known as “Terry,” received a 63-month sentence in federal court in Brookly
n for conspiring to launder the proceeds of a $24.4 million pharmacy fraud scheme. Kim, a Harrison, New York, resident, pleaded guilty in December 2024 to one count of conspiracy to commit money laundering. ...read more read less