LOS ANGELES – A San Fernando Valley man was sentenced Monday to four years and nine months behind bars for his role in conning Medicare out of nearly $16 million through sham hospice companies and then helping launder the illicit proceeds.
Karpis Srapyan, 35, was also ordered to pay restitution of $3.2 million to Medicare, according to the U.S. Department of Justice.
The Winnetka man pleaded guilty in July in Los Angeles federal court to counts of conspiracy to commit health care fraud and money laundering…