3 weeks ago
Indian-origin CFO sentenced for bribing surgeons at SpineFrontier
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.
Aditya Humad, the 41-year-old Indian-origin chief financial officer of spinal implant company SpineFrontier, was sentenced to a four-month jail term by a US federal court.
Humad, a Cambridge resident, pleaded guilty to one count of conspiracy to violate the anti-kickback statute.
He conspired to pay over USD 540,000 in bribes to surgeons in the form of sham consulting fees for work they did not perform.
The bribes were intended to induce surgeons to use SpineFrontier's products, bringing the company millions of dollars in revenue from surgeries.
Along with the jail term, Humad faces one year of supervised release and a USD 9,500 fine.
- Who
- Aditya Humad, the 41-year-old Indian-origin chief financial officer of SpineFrontier
- What
- Sentenced to four months in jail for conspiring to pay over USD 540,000 in sham consulting fees to bribe surgeons
- Where
- US federal court in the District of Massachusetts; Humad is a Cambridge resident
- When
- Sentencing was announced on Monday; Humad was charged in September 2021
- Why
- To induce surgeons to use SpineFrontier's products, which generated millions of dollars in revenue for the company
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





