Pharmacist Convicted for $1 Million Prescription Drug Fraud

A federal jury in the Middle District of Florida convicted a Virginia man last week for his role in a scheme to defraud Medicare of over $1 million in prescription drug benefits.

According to court documents and evidence presented at trial, Ronald A. Beasley II, 33, of Portsmouth, was the pharmacist in charge at NH Pharma, a pharmacy located in Lake Mary, Florida.

Through NH Pharma, Beasley and his co-conspirators billed Medicare for expensive compound drug creams that they never actually purchased or dispensed, and instead provided Medicare patients an inexpensive compound drug cream not covered by Medicare.

Photo by Anna Shvets on Pexels.com

Inventory records showed that NH Pharma did not buy enough of the expensive prescription drugs to fill all the prescriptions NH Pharma billed to Medicare.

In total, Beasley and his co-conspirators received more than $1 million in fraudulent proceeds from Medicare.

Beasley was convicted of conspiracy to commit health care fraud and three counts of health care fraud. He is scheduled to be sentenced on April 25 and faces a maximum penalty of 10 years in prison on each count.

A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

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