Covid test company executive pleads guilty to billing insurers $500 M for services never provided
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A Fast Lab executive pleaded guilty in a COVID-19 testing fraud case involving over $500 million in allegedly false claims. Prosecutors said the company used customers’ insurance information to bill government-backed healthcare programmes for COVID-19 testing services that were never provided. Seyhun admitted helping submit fraudulent claims and agreed to forfeit $4.31 million.
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