A Florida pharmacist who pleaded guilty in a massive compounding pharmacy fraud scheme will forfeit collectible cars, properties and a 50-foot Cigarette racing boat to the government.
Nicholas Borgesano, who owned and operated A to Z Pharmacy, admitted one count of conspiracy to commit health care fraud and one count of conspiracy to engage in monetary transactions involving criminally derived property.
Borgesano and his co-conspirators generated over US$100 million in fraud proceeds through submitting false reimbursement claims for prescription compounded medications, mainly pain creams and scar creams.
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