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West Palm Beach Developer Faces Healthcare Fraud Charge


Domenic Gatto and Banyan Cay Resort and Club (Linkedin, iStock, Banyan Cay)
The developer of Banyan Cay Resort and Club in West Palm Beach was charged in connection with a $65 million national healthcare fraud.
Whether this spells trouble for the mega-project remains unclear.
Domenic Gatto faces one count of conspiracy to commit healthcare fraud in connection to an alleged scheme to place unnecessary orders for orthotic braces for Medicare beneficiaries, The Palm Beach Post reported.
Gatto, who was one of five charged, has surrendered. But he entered no plea and has not been formally indicted. The 46-year-old Palm Beach Gardens resident appeared in front of a federal magistrate in New Jersey via video from the West Palm Beach federal courthouse. ....

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Online test proctor Honorlock is one of Florida's fastest-growing companies


Honor Roll
The pandemic-fueled shift to online college learning proved a boon to Boca Raton-based Honorlock, an online test proctor founded by two Florida Atlantic University graduates.
Honorlock last year placed No. 236 on Inc.’s fast-grower list with 1,860% three-year growth. It raised $11.5 million in March as it plans to add to its 80 employees, further expand in the domestic market and develop the corporate and international market. Along with FAU and FIU, the company has UF and other Florida institutions as clients among several hundred nationally.
It’s led by CEO Michael Hemlepp, an investor who bought in along with Boca investor Dan Cane, who before co-founding Modernizing Medicine founded ed tech companies Blackboard and CourseInfo. ....

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