Boston, Massachusetts 2021-09-07 20:19:00 –
Boston (AP) — A Massachusetts spine equipment company and two of its top executives were charged with executing a plan to bribe surgeons to use the company’s products, federal prosecutors said on Tuesday. Said.
SpineFrontier, Inc.Chief Executive Officer and Chief Financial Officer Condemned for colluding to pay millions of dollars in bribesNS According to the company, it pretended to be a consulting fee to the surgeon in exchange for the surgeon using the manufacturer’s product. Court documents..
Authorities claimed that the company paid surgeons $ 250 to $ 1,000 in consulting fees per hour, but actually bribed them to use Spine Frontier’s products. Prosecutors often say they have decided how much to pay doctors based on the number of procedures they have taken and the amount they have made for the company.
The company’s chief executive officer and founder, Kingsley R. Chin of Fort Lauderdale, Florida, and Adity Ahmad, chief financial officer of Cambridge, Massachusetts, have conspired to violate anti-kickback legislation and money laundering. Have been accused of conspiracy to do. A company based in Malden, Massachusetts has also been charged.
Humad’s lawyer said his client “denied all charges and looks forward to his day in court.”
An email was sent to Chin’s lawyer and company asking for comment.
Massachusetts spinal device company, execs charged with bribing surgeons Source link Massachusetts spinal device company, execs charged with bribing surgeons