Irakli Nakashidze, International Money Laundering Conspiracy, Florida 2026

Miami, FL – In a brazen scheme that bilked Medicare out of nearly $180 million, a Georgian citizen has been sentenced to three years in prison for laundering over $1.1 million in illicit proceeds to his co-conspirators abroad.

Irakli Nakashidze, 35, a resident of Miami, Florida, was handed down a 37-month prison sentence for his role in the international money laundering conspiracy. According to court documents, Nakashidze owned ABRH Care Inc., a medical supply company that was actually a sham used to defraud Medicare. Between January and June 2025, ABRH billed Medicare and private insurers a staggering $179 million for medical supplies that were never provided to patients.

The scheme, orchestrated by a transnational criminal organization, involved Nakashidze laundering over $1.1 million in proceeds from the fraud to his co-conspirators, including transfers to accounts in China and Hong Kong. Bank surveillance captured Nakashidze laundering the money on multiple occasions.

In November 2025, Nakashidze pleaded guilty to conspiracy to commit money laundering. As part of his sentence, he was ordered to pay $1,108,504 in forfeiture. The case serves as a stark reminder of the devastating impact of healthcare fraud and the importance of holding perpetrators accountable.

The investigation and prosecution of Nakashidze’s case were the result of a collaborative effort between law enforcement agencies and the Department of Justice. The outcome sends a clear message that those who engage in international money laundering and healthcare fraud will be brought to justice and held accountable for their crimes.

Source: Department of Justice

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