Former CFO Sentenced in Medical Kickback Scheme | Boston News

Former CFO Aditya Humad sentenced to four months in federal prison for orchestrating a $540,000 kickback scheme disguised as consulting fees to push SpineFrontier’s spinal devices—fraud that siphoned millions from Medicare and Medicaid. He’ll also serve a year of supervised release and pay a $9,500 fine, joining CEO Kingsley Chin—who accepted a plea deal for false statements and now faces home confinement. Prosecutors recovered over $4 million, exposing how doctors were paid $250–$1,000/hour to use the company’s products in federally covered surgeries. Authorities vow to relentlessly pursue such corruption, protecting taxpayer dollars and healthcare integrity. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/ca377bdc42957c3b