A Lake Worth man has pleaded guilty for his role in making more than $12 million in fraudulent Medicare claims, according to the Tampa Bay Business Journal.
Gregory J. Sylvestri, the former principal of Bioscan, will be sentenced at a later date for the claims made between June of 2010 and April 2014.
The Business Journal reports that he agreed to forfeit a $60,000 platinum and diamond engagement ring he purchased with the fraudulent funds to the U.S. Department of Justice.
