3 weeks ago

Indian-origin CFO sentenced for bribing surgeons at SpineFrontier

Indian-origin CFO sentenced for bribing surgeons at SpineFrontier
Indian-origin CFO gets jail term for bribing surgeons · m.rediff.com

A man named Aditya Humad worked as the money boss of a company that makes parts for back surgeries.

He secretly gave money to some doctors, pretending it was payment for their advice.

But the doctors did not really do any work for that money.

Giving money this way to get doctors to use your products is called a bribe, and it is against the law.

A court in the United States found out about it and punished him.

Humad has to go to jail for four months.

He also has to pay a fine and will be watched closely for one year after he leaves jail.

The founder of his company was charged too.

The government says it will keep catching people who cheat in health care, no matter how long it takes.

Key facts

Defendant
Aditya Humad, 41, CFO of SpineFrontier, Inc.
Sentence
Four months in jail plus one year of supervised release
Fine
USD 9,500
Total bribes
Over USD 540,000 in sham consulting fees
Sham consulting rate
USD 250 to USD 1,000 per hour
Co-defendant
Kingsley R. Chin, Founder, President and CEO of SpineFrontier
Amount recovered
More than USD 4 million in criminal and civil proceedings
Charge
Conspiracy to violate the anti-kickback statute

Quotes

United States Attorney Leah B. Foley

U.S. Attorney for the District of Massachusetts

“"This sentence is the culmination of years of dogged pursuit of SpineFrontier, its executives, Aditya Humad and Kingsley Chin, and multiple bribe‑taking doctors."”
m.rediff.com

Sources

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