Name: Biotech CEO who relied on multiple aliases sentenced to 7 years in prison for Theranos-like $28 million fraud involving a fake finger-prick Covid test
Uploaded: 2024-04-13T15:05:30-04:00
Duration: 5 min
Description: The CEO of a California biotech company, Decision Diagnostics, claimed to have a finger-prick test that could detect Covid-19 and used multiple fake identities to pump up the company’s stock price, authorities said. The CEO, Keith Berman, was sentenced on Friday to seven years in prison for the fraud that led to $28 million in […]

Tag: Theranoslike

Biotech CEO who relied on multiple aliases sentenced to 7 years in prison for Theranos-like $28 million fraud involving a fake finger-prick Covid test

The CEO of a California biotech company, Decision Diagnostics, claimed to have a finger-prick test that could detect Covid-19 and used multiple fake identities to pump up the company’s stock price, authorities said. The CEO, Keith Berman, was sentenced on Friday to seven years in prison for the fraud that led to $28 million in […]