Medical company made millions selling fake implants to patients: DOJ

People with chronic pain were implanted with fake plastic medical devices — and now the former CEO of a healthcare company is under federal indictment.Laura Perryman, the former CEO of Florida-based company Stimwave, of scheming for years to sell the phony implantable devices and make millions by defrauding Medicare.

So, Perryman offered them an alternative device that could be cut down to fit more easily into patients' bodies, prosecutors said. But that alternative was just a piece of plastic that had"no medical efficacy at all," according to the DOJ. Court documents allege that Perryman instructed her employees to vouch for the phony devices, despite knowing that they were useless.

Of course it's a Florida company.

WOW

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Medical company’s former CEO indicted for wire and health care fraud over fake implanted deviceThe Justice Department announced Thursday an indictment of the former CEO of medical device company Stimwave on one count of conspiracy to commit wire fraud and one count of health care fraud.
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