Steven P. Gibson, 29, pharmacist and owner of Gibson’s Discount Drugs in Red Bud, pled guilty in federal court on Aug. 14 to charges that he engaged in a scheme to defraud health care benefit programs.
It was noted that he committed the fraud by submitting false claims for fraudulent prescription medications to Medicare, Medicaid, and private insurance companies that were not authorized by a physician, nurse practitioner, or a physician’s assistant as required.
Gibson’s sentencing is set for Nov. 27. He will face up to 10 years in prison, a fine of up to $250,000, and up to three years of supervised release on each of the two counts to which he pled guilty.
During his plea hearing, Gibson admitted that he submitted false and fraudulent claims in the names of family members and pharmacy customers for prescription medication. Gibson often selected expensive prescription medications that he knew would be paid for by insurance companies (including Medicare and Medicaid).
For more on Gibson, please see this week’s print edition.