Zynex Fought The Capitol Forum and Ended Up Bankrupt (TCF Investigates) episode artwork

EPISODE · Dec 31, 2025 · 26 MIN

Zynex Fought The Capitol Forum and Ended Up Bankrupt (TCF Investigates)

from The Capitol Forum Podcast · host The Capitol Forum

Zynex was a medical device company on the rise. After experiencing decades of growth, Zynex’s founder Thomas Sandgaard had hopes of becoming a billionaire — until The Capitol Forum revealed how they were fraudulently billing insurers, patients and even the U.S. government for tens of millions of dollars. In this episode of The Capitol Forum Investigates, reporter Michael Williams reveals how Zynex misled customers into entering predatory financial arrangements. He also unpacks Sandgaard’s efforts to quash his reporting, including efforts to target Williams and his family.

Zynex was a medical device company on the rise. After experiencing decades of growth, Zynex’s founder Thomas Sandgaard had hopes of becoming a billionaire — until The Capitol Forum revealed how they were fraudulently billing insurers, patients and even the U.S. government for tens of millions of dollars.  In this episode of The Capitol Forum Investigates, reporter Michael Williams reveals how Zynex misled customers into entering predatory financial arrangements. He also unpacks Sandgaard’s efforts to quash his reporting, including efforts to target Williams and his family.

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Zynex Fought The Capitol Forum and Ended Up Bankrupt (TCF Investigates)

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This episode was published on December 31, 2025.

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Zynex was a medical device company on the rise. After experiencing decades of growth, Zynex’s founder Thomas Sandgaard had hopes of becoming a billionaire — until The Capitol Forum revealed how they were fraudulently billing insurers, patients and...

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