[ad_1] The headquarters of the U.S. Securities and Exchange Commission (SEC) is seen in Washington, D.C., May 12, 2021. Andrew Kelly | Reuters Laura Tyler Perryman, co-founder and former CEO of the medical device startup Stimwave Technologies, was charged with allegedly defrauding investors out of $41 million by making “false and misleading” statements about one…
[ad_1] Michael Nesterov | Istock | Getty Images A federal jury in Miami convicted a Florida nurse practitioner of health-care conspiracy and other charges for playing a key role in a scheme that swindled hundreds of millions of dollars from Medicare. Elizabeth Hernandez, 45, fraudulently billed Medicare for more than $200 million in orthotic braces…
[ad_1] A street gang in Milwaukee allegedly stole millions of dollars in Covid-19 pandemic relief money that was then used to carry out a murder and purchase guns and drugs, among other items, according to a federal indictment. The 43-count indictment charges 30 members of the “Wild 100s,” also known as the “Shark Gang,” with…
[ad_1] Boxes of tablets produced by Teva Pharmaceutical Industries. Chris Ratcliffe | Bloomberg | Getty Images Drugmaker Teva Pharmaceuticals agreed to pay $225 million in criminal fines to resolve charges related to price fixing three medications, including a generic cholesterol drug that it has agreed to divest, the U.S. Department of Justice announced Monday. Glenmark Pharmaceuticals…
[ad_1] Resurgence of COVID-19 symptoms in patients treated with the drug Paxlovid appeared far more common than has been reported, doctors found in a study detailed in the New England Journal of Medicine. Chris Sweda | Chicago Tribune | Tribune News Service | Getty Images Federal authorities charged a former Pfizer employee and his close…
[ad_1] U.S. Attorney General Merrick Garland speaking on June 22, 2023 in Washington, DC. Chip Somodevilla | Getty Images The Department of Justice announced Wednesday that it has recently charged 78 people with $2.5 billion in separate health-care fraud and opioid abuse schemes. The defendants allegedly defrauded programs used to take care of elderly and…
[ad_1] Former Theranos CEO Elizabeth Holmes on November 18, 2022 in San Jose, California. Justin Sullivan | Getty Images Disgraced Theranos founder Elizabeth Holmes will not go to prison this week, despite a judge’s order that she begin serving her 11-year sentence on Thursday. Late Tuesday, Holmes’ attorneys appealed that ruling to the U.S. 9th…
[ad_1] Eighteen people, some of them doctors, were criminally charged with Covid-19 health-care fraud schemes that netted hundreds of millions of dollars from false billings and theft from federally funded programs, the Department of Justice said Thursday. The charges, which span nine federal judicial districts, comprise the largest coordinated law enforcement action in the U.S….
