News

US businessman accused of stealing billions from healthcare arrested in Kyrenia

Cyprus Mail · 2026-06-25

AI SUMMARY

• What happened: American businessman Ibrahim Hilmi was arrested in Kyrenia for allegedly defrauding Medicare of over $3.7 billion through fraudulent healthcare companies. He has been transferred to the U.S. and is now in custody facing multiple charges including health care fraud and money laundering. • Why it matters: This case is one of the largest Medicare scams in history, highlighting the ongoing issue of healthcare fraud and the efforts of U.S. authorities to combat such crimes through initiatives like Operation Gold Rush. • What to watch next: The investigation into Hilmi's fraudulent activities is ongoing, with authorities examining the full extent of the scheme and potential involvement of other individuals or networks. Legal proceedings against Hilmi will also be closely monitored.

**US Businessman Accused of Stealing Billions from Healthcare Arrested in Kyrenia**

Ibrahim Hilmi, a 58-year-old American businessman, was arrested in Kyrenia, Northern Cyprus, for allegedly orchestrating a massive fraud scheme that defrauded Medicare of over $3.7 billion. The arrest, confirmed by the U.S. Justice Department, marks a significant development in a case described as one of the largest Medicare scams in history.

Hilmi, who had been a resident of Miami-Dade County, Florida, fled the United States in May 2025. Following his apprehension in Kyrenia, he was transferred to the United States earlier this week and is now in custody in Miami, Florida. His initial appearance in a Florida court took place on Monday.

FBI Director Kash Patel announced the charges against Hilmi, which include health care fraud, wire fraud conspiracy, money laundering conspiracy, and two counts of money laundering. These charges stem from a grand jury indictment issued on June 11, 2026. The indictment alleges that Hilmi operated two fraudulent healthcare companies, ABRH Care and Sunshine Senior Solutions, which were essentially "shell companies" created solely to submit fraudulent claims to Medicare and other healthcare entities.

The fraudulent activities reportedly began in December 2024 when Hilmi's companies began submitting tens of thousands of claims for reimbursements related to durable medical equipment, including items such as urinary catheters and wound dressings that were never provided. The indictment highlights that many claims were submitted using the identities of legitimate medical providers, which were allegedly stolen by foreign actors.

While most of the claims submitted by Hilmi's companies were not paid out and were held in suspension due to suspected fraud, approximately $5.7 million was successfully deposited into the companies' bank accounts. The indictment further details that millions of dollars from these accounts were subsequently transferred to shell companies located abroad, indicating a complex web of financial transactions aimed at concealing the fraudulent scheme.

The operation leading to Hilmi's arrest is part of a broader federal initiative known as Operation Gold Rush, which aims to combat transnational organized crime networks involved in defrauding Medicare. U.S. Vice President JD Vance, who chairs the White House Task Force to Eliminate Fraud, expressed his support for the arrest in a social media post, stating, "If you steal from the American people, there will be no safe harbor for you anywhere in the world."

The cooperation between U.S. authorities and officials in Turkey was pivotal in the apprehension of Hilmi. Director Patel acknowledged the efforts of the Miami branch of the FBI, the U.S. Justice Department, and U.S. Ambassador to Turkey Tom Barrack, emphasizing that their combined efforts were crucial in bringing Hilmi to justice. However, the specific role of officials in Northern Cyprus in the arrest remains unclear.

As the case unfolds, Hilmi faces serious charges that could result in significant legal repercussions. The investigation into his fraudulent activities continues, with authorities examining the full extent of the scheme and the individuals involved. The case serves as a stark reminder of the ongoing efforts to combat healthcare fraud and protect the integrity of government-funded health programs.

Source: Cyprus Mail
RELATED NEWS

More Stories

All News
News

Even Trump got angry over ‘rockets and feathers’

• What happened: President Donald Trump confirmed a ceasefire agreement with Iran, which led to a significant drop in crude oil prices; however, retail petrol p...

News

Proposal to microchip sterilised stray cats gains support

• What happened: A proposal to microchip sterilised stray cats in Cyprus has gained significant support from government services and animal welfare organisation...

News

School bus safety tops new transport committee’s agenda as minister outlines priorities

• What happened: The newly formed transport committee of the Cypriot parliament will prioritize school bus safety in its upcoming meeting, following an Audit Of...

News

Fidias’ party demands resignation of Savvides and Angelides

• What happened: The Direct Democracy party has submitted a parliamentary resolution calling for the resignation of Attorney General George Savvides and his dep...

News

BulkQuant: An AI trading robot platform helping beginners explore fully managed crypto, forex, and stock trading in 2026

• What happened: BulkQuant launched an AI trading robot platform aimed at helping beginners navigate automated trading in crypto, forex, and stock markets throu...

News

AI traffic cameras on table to crack down on mobile phone use

• What happened: The Cypriot government is considering the implementation of AI traffic cameras to reduce mobile phone use while driving, as discussed by Transp...