Red Bud Pharmacist Pleads Guilty to Fraud

Aug 15, 2018

A pharmacist and drug store owner in Red Bud admits to defrauding the government and private insurers.

The U.S. attorney says 29-year-old Steven Gibson - owner of Gibson's Discount Drugs - pleaded guilty to a scheme to defraud health care benefit programs by submitting false claims for prescription medications to Medicare, Medicaid, and private insurance companies.

Gibson often selected expensive prescription medications that he knew would be paid for by insurance providers.

These and other prescription medications were not authorized by any medical professional and were not dispensed to pharmacy customers. Instead, Gibson created them to generate more than 630-thousand dollars.

When sentenced in November, Gibson will face up to 10 years in prison.