Marketers Convicted of Fraud for $30M Compound Cream and Drug Scheme

A federal jury in Tennessee convicted five people of defrauding private and government insurance programs of more than $30 million with a compound drug scheme. “The scheme involved sham prescriptions for compounded creams and medications, oftentimes issued without the supposed patient even knowing about them, and were frequently signed by a health care provider who never met the patient,” prosecutors said in a statement. Jerry Wayne Wilkerson, Michael Chatfield, Kasey Nicholson, Billy Hindmon and Jayson Montgomery were all convicted March 4 in the U.S. Distric...