An Indian-American has confessed to planning to provide and pay bribes and kickbacks in order to direct prescriptions to the pharmacy where he worked in New Jersey. Srinivasa Raju, 51, of Haskell, New jersey, pled guilty via videoconference to an information charging him with conspiring to break the federal anti-kickback law before US district Judge Michael A. Shipp. Raju coordinated medication deliveries and solicited business at the Morris County drugstore, per court records, among his many duties there.

He collaborated with other pharmacy staff to bribe and pay kickbacks to medical staff at two different jersey City doctor's offices from january 2019 to february 2021. In return, those workers directed a large number of expensive prescriptions to Raju's pharmacy. Each prescription cost up to $150, and Raju and his accomplices covered many of these bribe payments using a variety of methods.

According to a statement by Attorney Philip R. Sellinger's office, the pharmacy collected over $2.4 million in Medicare reimbursement payments based on prescriptions obtained through the bribery scheme. The maximum sentence for the conspiracy accusation is five years in prison, as well as a fine of $250,000 or twice the gross gain or loss attributable to the offence, whichever is higher. The judgement for Raju is set for May 16.

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NRI

G GOWTHAM

10/01/2023 11:18 AM