- Associated Press - Monday, December 15, 2014

BALTIMORE (AP) - The owner of a pharmacy chain has been convicted of defrauding Medicaid and Medicare by submitting false claims for prescription refills.

A federal jury in Baltimore on Monday convicted 46-year-old Reddy Vijay Annappareddy of Fallston of defrauding the programs of $1.5 million.

According to evidence presented at trial, Annappareddy owns Pharmacare and Caremerica. Prosecutors say he and others identified customers at two Bel Air pharmacies who had prescription refills available. Authorities say the three would file claims for reimbursement, and restock medications that were not delivered or picked up.

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