LEXINGTON, Ky. — An Estonian national has been sentenced for participating in a massive $10 billion international money laundering and healthcare fraud scheme with ties to Russia.
Aleksandr Lis, 26, was sentenced to just over two years in prison for his involvement. Lis had pleaded guilty on January 15 to conspiracy to commit money laundering, acting as a nominee owner of two fraudulent medical equipment companies, one of which was based in Northern Kentucky.
Lis’s role involved using the companies to submit false claims to Medicare and private insurers, while the operations were actually controlled by a criminal organization operating primarily in Russia. Attorneys described the companies as “vehicles for a massive fraud.”
Between July 2023 and February 2024, Lis handled approximately $6 million in financial transactions designed to conceal unlawful proceeds. The scheme was part of a larger network that falsely billed for glucose monitors, catheters, and other medical equipment, resulting in $10 billion in fraudulent claims worldwide.
Lis’s attorneys requested a time-served sentence, citing his lack of prior convictions.
