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    Thursday, December 8, 2016

    Healthcare Fraud: CEO and President Of The Pharmaceutical Company Charges With Defraud Health Care Insurers

    Healthcare Fraud: CEO and President Of The Pharmaceutical Company Charges With Defraud Health Care Insurers

    https://www.fraudswatch.com/healthcare-fraud-ceo-and-president-of-the-pharmaceutical-company-charges-with-defraud-health-care-insurers/
    Pharmaceutical Executives Charged in Racketeering Scheme BOSTON – Several pharmaceutical executives and managers, formerly employed by Insys Therapeutics, Inc., were arrested today on charges that they led a nationwide conspiracy to bribe medical practitioners to unnecessarily prescribe a fentanyl-based pain medication and defraud healthcare insurers. The indictment alleges that Michael L. Babich, 40, of Scottsdale, Ariz., the former CEO and President of the company; Alec Burlakoff, 42, of Charlotte, N.C., former Vice President of Sales; Richard M. Simon, 46, of Seal Beach, Calif.
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    Item Reviewed: Healthcare Fraud: CEO and President Of The Pharmaceutical Company Charges With Defraud Health Care Insurers Rating: 5 Reviewed By: FraudsWatch
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