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Bioscan Leader Submits $12M Fraud Plea

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.

Originally founded in December 2006 as an independent grassroots publication dedicated to coverage of health issues in Florida, Health News Florida was acquired by WUSF Public Media in September 2012.