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RIGHT SPEAK: Biotech CEO Who Relied On Multiple Aliases Sentenced to 7 Years in Prison for Theranos-Like $28 Million Fraud Involving a Fake Finger-Prick Covid Test; 2 Mississippi Businessmen Found Not Guilty in Pandemic Relief Fraud Trial, and other C-Virus related stories
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US Biotech Executive Sentenced to 7 Years in Jail for COVID Test Fraud
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Keith Berman, 70, of Westlake Village, California, pleaded guilty last December to securities fraud totaling around $28 million. The Justice Department said that from February through December 2020, Berman falsely claimed his Decision Diagnostics company had developed a 15-second test to detect COVID-19 in a finger prick sample of blood when, in reality, no such test existed. "Berman defrauded investors to profit from the pandemic," Nicole Argentieri, head of the Justice Department's criminal division, said in a statement.
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