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Former Fast Lab COO Pleads Guilty to $500M Healthcare Fraud Scheme

2 reports, 2 independent Updated Thu 00:00
No new developments lately Reached 2 outlets in its first 24 hours
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New informationRepeats or wire copies

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What happened

Some supportReported by 2 outlets

Hasan Seyhun, the former chief operating officer of Fast Lab Technologies LLC, pleaded guilty to conspiracy to commit health care fraud regarding a nationwide scheme that generated over $500 million in fraudulent claims against government-backed health care programs. The scheme centered on COVID-19 testing services that Fast Lab offered to customers at no cost during the pandemic. Seyhun admitted that he helped orchestrate the submission of millions of dollars in fraudulent claims asserting that services were rendered when they were not.

From americanbazaaronline.com, wcbm.com

Why it matters

Some supportBrind's analysis of the reports

The fraudulent claims falsely asserted that medical professionals observed antigen tests, personnel collected saliva samples, and PCR tests were performed. The scheme resulted in at least $35 million in illicit payments, and Seyhun agreed to a $4.31 million forfeiture money judgment.

From americanbazaaronline.com

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