CEO charged in alleged COVID-19 fraud scheme : comparemela.c

CEO charged in alleged COVID-19 fraud scheme
MarketWatch
12/19/2020
Claudia Assis
© Thomson Reuters
A vial of the Pfizer vaccine against the coronavirus disease (COVID-19) used at The Reservoir nursing facility is shown in West Hartford, Connecticut, U.S., December 18, 2020. Stephen Dunn/Pool via REUTERS
The Justice Department said late Friday that a federal grand jury has indicted a California chief executive for allegedly concocting a scheme to defraud investors with false claims about a COVID-19 test.
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That led to millions of dollars in investors losses, the DOJ said. Keith Berman, 67, the CEO of Decision Diagnostics Inc. was charged with one count of securities fraud and one count of making false statements, the DOJ said.

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