Lab Owner Pleads Guilty to $60M Fraud

A California lab owner, James Shuford Price III, 59, just admitted to orchestrating a $60 million healthcare fraud scheme, billing Medicare and Medicaid for fake tests—including COVID, flu, and RSV—to funnel kickbacks to patients. He also confessed to filing a false 2022 tax return to hide income from shady investments. Facing up to 13 years in prison, a half-million-dollar fine, and mandatory restitution, Price’s case sends a chilling message: stealing taxpayer healthcare funds won’t go unpunished. Support the show:Get a discount at https://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/755702b91977af0c