Baby formula bandit busted for forging prescriptions, hawking formula to desperate moms
Washington Times, The (DC)
A New York man has pleaded guilty to fraudulently obtaining specialty baby formula that he then sold on the black market.
From March 2019 through October 2022, Vladislav Kotlyar, 43, submitted forged medical documents and prescriptions for specialty baby formula.
Kotlyar and others also filed for $1.9 million in reimbursement from insurance providers. This coincided with a national shortage of baby formula resulting from an early 2022 Cronobacter sakazakii outbreak that temporarily shuttered a Michigan baby formula plant.
Kotlyar, who lived on Staten Island, obtained the original documents and prescriptions for infants who required a distinct formula for medical reasons. He then forged new documents and prescriptions and ordered additional baby formula.
“I obtained baby formula fraudulently from the insurance companies using the mail, through scripts that were forged … just the signature was forged by myself,” Kotlyar told Judge William Kuntz, according to the New York Daily News.
Kotlyar also made up issues with the shipments, such as damage to the shipment or the formula being incorrect, so the formula providers would send him more, which he then sold.
Kotlyar forfeited around $1 million as part of his plea agreement to mail-fraud charges and will pay over $738,000 in restitution. On the count of mail fraud, Kotlyar faces up to 20 years in prison.
Berkshire Hathaway Specialty Insurance Names Ben Ruddlesdin Head of Professional Indemnity in London
Former Memphis Attorney Pleads Guilty to Wire Fraud Scheme
Advisor News
- Semi-retirement: helping clients balance flexibility with financial security
- The 6X Formula for leveraging content marketing with AI
- When a home becomes difficult to insure, the plan changes
- The inheritance gap: Helping clients plan for money that hasn’t arrived
- After the midterms: Addressing your clients’ tax concerns
More Advisor NewsAnnuity News
- Athene CEO criticizes offshore reinsurance, risk-taking by competitors
- DOL, trade groups, state AGs file briefs supporting Alcoa in PRT lawsuit
- John Hancock launches new fixed indexed annuity suite
- Annuities to play a larger role in workplace retirement plans
- FHLBank Pittsburgh Announces Results in 2026 Board Election
More Annuity NewsHealth/Employee Benefits News
- Health care
- Indiana Farm Bureau provides health plan options
- Viewpoint: We need Medicare for all
- A 'critical service': Senior centers help local residents navigate complexities of Medicare coverage
- Cost of employer-sponsored health insurance plans rises again, nonpartisan survey finds
More Health/Employee Benefits NewsLife Insurance News
- AM Best Affirms Credit Ratings of Fubon Insurance Vietnam Co., Ltd.
- Three lawsuits put life insurers’ cost-of-insurance practices under scrutiny
- Military Briefs: November 12-18
- Security Benefit Series B Preferred Stock Dividend Rate Resets to 10.286%
- FHLBank Pittsburgh Announces Results in 2026 Board Election
More Life Insurance News