• Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms & Conditions
Tuesday, March 28, 2023
Flyy News
No Result
View All Result
  • Home
  • World
  • Business
  • Entertainment
  • Health
  • Food
  • Politics
  • Tech
  • Science
  • Travel
  • Fashion
  • Lifestyle
  • Home
  • World
  • Business
  • Entertainment
  • Health
  • Food
  • Politics
  • Tech
  • Science
  • Travel
  • Fashion
  • Lifestyle
No Result
View All Result
Flyy News
No Result
View All Result
Home Politics

Man Accused In $83.6 Million Fraudulent COVID-19 Testing Scheme Out On Bond

flyynews by flyynews
March 19, 2023
in Politics
0
Man Accused In $83.6 Million Fraudulent COVID-19 Testing Scheme Out On Bond
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


By Brett Rowland (The Center Square)

A man federal prosecutors allege is responsible for an $83.6 million fraudulent COVID-19 testing scheme is out on bond after putting up the deed to his 5,600-square-foot suburban Chicago home.

Prosecutors don’t just want the home, which is worth at least $865,000. They are seeking $83,578,387.89.

Prosecutors are seeking forfeiture of five luxury cars and several bank accounts. The vehicles include a 2021 Mercedes-Benz GLB 250, a 2021 Land Rover Range Rover HSE, a 2021 Lamborghini Urus, a 2021 Bentley and a 2022 Tesla X. They further want a bank account with about $6.8 million, $810,000 in an E*Trade account, $500,000 in a Fidelity Investments account and $245,814 in a Coinbase account, according to court records. 

Zishan Alvi, 44, of Inverness, said Wednesday he plans to fight the charges against him. 

“We just got to fight this and prove my innocence,” Alvi said. “The truth always comes out.” 

He declined to comment on specifics and referred additional questions to his attorney, Murdoch Walker. Walker did not respond to an email or return a voicemail seeking comment. 

Related: Whitmer Says Her COVID Restrictions In Hindsight ‘Don’t Make A Lot Of Sense’

Support Conservative Voices!

Sign up to receive the latest political news, insight, and commentary delivered directly to your inbox.

Prosecutors allege Alvi co-owned and operated a Chicago laboratory, LabElite, that claimed to offer COVID-19 testing. The lab sought reimbursement for tests that were never performed, were performed improperly, or were already paid for by the client. Alvi faces ten counts of wire fraud and one count of theft of government funds. 

The lab also offered a service where people and companies could pay a fee to receive COVID-19 PCR test results in an expedited fashion. The lab enrolled the U.S. Department of Health and Human Services’ Health Resources and Services Administration Uninsured Program in December 2020. The program was designed to cover COVID-19 testing costs for people without health insurance coverage, according to an indictment filed by prosecutors.

Prosecutors said the lab submitted fraudulent claims and delivered inaccurate and unreliable test results to the public. The claims sought reimbursement for tests that prosecutors say Alvi knew had not performed or were unreliable and in some cases had already been paid for by the person.

Prosecutors said Alvi provided negative test results to be released to people who had provided a specimen for testing, but the test had not been performed. They further allege that Alvi directed lab employees to falsely indicate in lab records that COVID-19 tests had been performed for these people, when Alvi knew that the test specimens had been discarded at his direction and had not been tested. To conceal the fact that tests were not performed, the lab “did not release positive COVID-19 results on specimens where tests were eventually performed, because a purported negative result had already been released,” according to the U.S. Attorney’s Office. 

Related: Air Force Leader’s Testimony On Military Vaccine Mandates Contradicts IG Report, Gaetz Says

The lab collected more than $83.6 million from the HRSA Uninsured Program as payment for COVID-19 tests purportedly performed by the lab. 

“The charges in this case allege that the defendant disregarded public health concerns in favor of personal financial gain,” Acting U.S. Attorney Morris Pasqual said in a statement. “Doing so by compromising taxpayer-funded programs intended to fight the spread of coronavirus was particularly reprehensible.”

Each count of wire fraud is punishable by up to 20 years in federal prison, and the count of theft of government funds is punishable by up to 10 years in federal prison. 

Alvi put up the deed to his Inverness home as part of an agreement to be released before trial, according to court records.  

Syndicated with permission from The Center Square.





Source_link

READ ALSO

Trump Extends Election Rigging Myth to Criminal Charges

It's Time To End Mexican Cartels' Reign of Terror

Related Posts

Pennsylvania on the Middle of the Political Universe
Politics

Trump Extends Election Rigging Myth to Criminal Charges

March 28, 2023
It's Time To End Mexican Cartels' Reign of Terror
Politics

It's Time To End Mexican Cartels' Reign of Terror

March 27, 2023
A Roundup of Contemporary Federal Court docket Selections
Politics

How a Google Bard Session Went Off the Rails into Invented Quotes and False Accusations

March 27, 2023
Don’t Believe the Hype: Woke Is Real and It’s Dangerous
Politics

Don’t Believe the Hype: Woke Is Real and It’s Dangerous

March 27, 2023
“Stay Tuned” – James O’Keefe Suggests He Has Insiders in Manhattan DA Bragg’s Case Against Trump
Politics

“Stay Tuned” – James O’Keefe Suggests He Has Insiders in Manhattan DA Bragg’s Case Against Trump

March 27, 2023
Reporters Asked Trump About The Criminal Investigations And It Did Not Go Well
Politics

Reporters Asked Trump About The Criminal Investigations And It Did Not Go Well

March 26, 2023
Next Post
Iranian Girls Detained For Doing A TikTok Dance In Public

Iranian Girls Detained For Doing A TikTok Dance In Public

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

Angel -Dave Curl – Official Music Video 2022

Angel -Dave Curl – Official Music Video 2022

November 17, 2022
Proud By Cytonic Rhymes – Official Music 2022

Proud By Cytonic Rhymes – Official Music 2022

November 25, 2022
Sweet Bennie Ray – Whole Lot (Official Music Video)

Sweet Bennie Ray – Whole Lot (Official Music Video)

December 22, 2022
SUPER VITAMIN C COLLECTION | STRIVECTIN

SUPER VITAMIN C COLLECTION | STRIVECTIN

December 16, 2022
Rain And Lily Pond Sounds | 10 Hours | Sleep, Relaxation | Dark Screen

Rain And Lily Pond Sounds | 10 Hours | Sleep, Relaxation | Dark Screen

November 14, 2022

About Us

Welcome to Flyy News The goal of Flyy News is to give you the absolute best news sources for any topic! Our topics are carefully curated and constantly updated as we know the web moves fast so we try to as well.

Follow us

Categories

  • Business
  • Entertainment
  • Fashion
  • Food
  • Gaming
  • Health
  • Lifestyle
  • Politics
  • Reviews
  • Science
  • Tech
  • Travel
  • World

Site Links

  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms & Conditions

Recent News

  • DR Congo man uses bare hands to rescue trapped gold miners
  • US officials signal new rules for banks after SVB, Signature failures
  • How to ‘buy now, pay later’ in Apple Wallet on iPhone
  • Bias, Lack of Access Make Long COVID Worse for Patients of Color

Copyright © 2022 Flyynews.com | All Rights Reserved.

No Result
View All Result
  • Home
  • World
  • Business
  • Entertainment
  • Health
  • Food
  • Politics
  • Tech
  • Science
  • Travel
  • Fashion
  • Lifestyle

Copyright © 2022 Flyynews.com | All Rights Reserved.

What Are Cookies
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT