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 rightspeak.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rightspeak.net Daily Mail and Mail on Sunday newspapers.
The former CEO of a biotechnology company who, at the start of the pandemic, falsely claimed to have invented a blood test capable of detecting Covid-19 in 15
US Biotech Executive Sentenced to 7 Years in Jail for COVID Test Fraud usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
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.
Two Individuals Indicted for Operating $25 Million Crypto-Fraud - On December 11, a federal court in California unsealed a superseding indictment, which charged two men.