BROOKLYN, New York—Renat Abramov, a man from Brooklyn, New York, was sentenced to 18 months in prison for conspiring to launder more than $8 million in healthcare fraud proceeds for durable medical equipment (DME) through a United States bank on behalf of a transnational criminal organization (TCO).
According to court documents, Abramov, 37, a former relationship manager at a U.S. bank branch in the Sheepshead Bay section of Brooklyn, used his position to aid a foreign-based TCO that spearheaded the largest healthcare fraud case ever prosecuted by the Department of Justice, as uncovered by Operation Gold Rush.
The TCO, based in Russia and elsewhere, orchestrated a multi-billion-dollar healthcare fraud and money laundering scheme to steal from Medicare and private health insurance companies by submitting fraudulent claims for durable medical equipment through dozens of DME companies. These medical equipment companies were owned on paper by nominee owners, many of whom were not lawfully present in the U.S., in a manner that disguised the true beneficial ownership and control of the companies by the foreign-based TCO.
Abramov allegedly acted as a concierge banker for participants in the healthcare fraud and money laundering scheme. Among other things, prosecutors said Abramov opened bank accounts for the nominee owners of several medical equipment companies, which were then used to deposit more than $8 million in healthcare fraud proceeds. Once deposited, the nominee owners and their handlers transferred the money into offshore accounts. Abramov also assisted nominee owners with wire transactions and provided information about the status of accounts.
Abramov pleaded guilty to conspiracy to commit money laundering in February 2026.