79-year-old doctor convicted for role in $200M fraud scheme
A 79-year-old New Jersey doctor faces prison time after being convicted of accepting kickbacks as part of a $200 million scheme run by a blood-testing lab.
Dr. Bernard Greenspan was found guilty of conspiracy, wire fraud and violating federal anti-kickback laws. More than two dozens doctors have pleaded guilty in wide-ranging fraud perpetrated by Biodiagnostic Laboratory Services. Greenspan is the only defendant to have gone to trial. He was charged with accepting about $200,000 in bribes from the company in exchange for sending his patients’ lab samples to Biodiagnostic, which allegedly made $3 million from its arrangement with Greenspan.
Federal authorities in New Jersey had called the case the largest fraud of its kind ever uncovered. They estimated the Medicare program was defrauded of tens of millions of dollars.