Ponzi / Pyramid

The lab in Los Angeles billed for tests that were never ordered by doctors who never knew

James Shuford Price III pleaded guilty in federal court on June 24 to running a Los Angeles lab that billed taxpayer-funded health programs for tens of millions in respiratory tests, many authorized by physicians who had never heard of the patients. The doctors did not know their names were on the paperwork. Neither did most of the patients.

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