DENVER (KKTV) – A Colorado-based medical device company admitted to participating in a conspiracy to commit health care fraud, securities fraud, mail fraud and more, according to the U.S. Attorney’s Office for the District of Rhode Island.
The Justice Department said the company Zynex agreed to a non-prosecution agreement. In that agreement, they said the company admitted to fraudulently getting millions of dollars from the government and private health care payors and patients.
The agreement outlined that they did this by submitting excessive or improper claims for medical devices and supplies.
The Justice Department said that a Statement of Facts included in the agreement reported that Zynex admitted to:
- Fraudulently obtaining millions of dollars from government and private health care payors and patients by submitting excessive and improper claims for medical devices and…
This involves defrauding the state or using government systems to steal from individuals.
- Tax Identity Theft: A criminal uses your ID and income details to file a tax return in your name and claim a refund before you do.
- Grant/Benefit Fraud: Falsely claiming unemployment, disability, or social grants that the perpetrator is not entitled to.