Former Kentucky lawmaker Robert Goforth was sentenced Monday to two years and one month in federal prison for health care fraud and money laundering.
Goforth, who resigned from the Kentucky House in 2021, also faces two years of supervised release.
Goforth ran unsuccessfully for the Republican nomination for governor in 2019.
Goforth pleaded guilty in May 2022, admitting that a pharmacy he owned in Clay County billed insurance programs, including Medicare and Medicaid, for prescriptions that customers didn't pick up, according to court records. The pharmacy multiplied profits by buying a dose of medicine once and then "effectively selling it multiple times," according to Goforth's plea agreement.
Goforth will have to pay $2.7 million in restitution for the fraud and $10,000 in fines. As of Monday, he had paid more than $1 million in restitution, according to court testimony.
U.S. District Judge Robert Wier imposed the sentence at a federal courthouse in Laurel County. Wier said the sentence should serve as a deterrent to others in the health care system who attempt to abuse the trust of others.
In a tearful statement, Goforth told Wier that he was ashamed of what he had done and apologized to his victims and his family.
How healthy eating leads to reduced spending on prescription drugs, emergency room visits and hospitalizations
Arkansas woman sent to prison for federal fraud
Advisor News
- SEC nears settlement with accused scammer Tai Lopez
- The 3 things that shrink your Social Security income
- Proposed legislation takes aim at Social Security shortfall
- The overlooked retirement security risk that must be addressed
- What advisors should know about hedge funds in retirement planning
More Advisor NewsAnnuity News
- Globe Life Inc. (NYSE: GL) Highlighted for Surprising Price Action
- Trademark Application for “EMPOWER YOUR MONEY” Filed by Empower Annuity Insurance Company of America: Empower Annuity Insurance Company of America
- Built-in guaranteed annuities: What advisors should know
- Malibu Life Holdings Completes Acquisition of TruSpire, Establishing Malibu USA and Accelerating Entry into the U.S. Retail Annuity Market
- Why job boards are failing insurance agencies
More Annuity NewsHealth/Employee Benefits News
- Health insurers propose double-digit-percentage price increases for Illinois exchange plans
- Anthem Establishes Coverage of C2N Diagnostics’ PrecivityAD2® Blood Test for Alzheimer’s Disease Evaluation
- Reynolds creates Iowa Medicaid fraud task force
- New state budget helps 200,000 Virginians afford health insurance
- California is finally asking who should really pay for Medi-Cal | Opinion
More Health/Employee Benefits NewsLife Insurance News
- AM Best Revises Outlooks to Stable for Missouri Farm Bureau Group’s Members and Farm Bureau Life Insurance Company of Missouri
- Globe Life Inc. (NYSE: GL) Highlighted for Surprising Price Action
- AM Best Assigns Credit Ratings to China Ping An Insurance (Hong Kong) Company Limited
- Reliance Matrix Expands Employee Navigator Integration with New Evidence of Insurability (EOI) API Enhancement
- How AI is changing the insurance claims process and what it means for accident victims
More Life Insurance News