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Maynard Family Accused of $250M Drug Fraud

Maynard Family Accused of $250M Drug Fraud

Published 7 hours ago
Description

A federal lawsuit accuses Jerry Maynard Junior, his father, and sister of orchestrating a $200 million fraud scheme against Eli Lilly by submitting fake rebate claims for a diabetes drug, allegedly targeting members of the Church of God in Christ. Using front businesses, DrugPlace and Community Health Initiative — both tied to Maynard’s church — they allegedly funneled millions in rebates without legitimate pharmacy operations. Eli Lilly says the defendants covered their tracks by shutting down operations and selling assets after being caught. This isn’t their first brush with fraud — Bishop Maynard previously led a money laundering scheme via a fake charity. The company is now seeking immediate court action to stop the scheme and recover lost funds.

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