Zishan Alvi admitted to billing the federal government $14 million for more than 85,000 COVID-19 tests that were never performed.
CHICAGO -- The co-owner of a Chicago COVID-19 testing laboratory has pleaded guilty to a $14 million fraud scheme in which his company provided fake negative results to people who had been tested and billed the federal government for the tests.Zishan Alvi, 45, of Inverness, pleaded guilty on Monday to one count of wire fraud, and faces up to 20 years in prison when he is sentenced in February.
Some of those patients who were told they had tested negative got other tests at separate labs while waiting for results from LabElite, and learned they were, in fact, positive for COVID-19.In some instances, LabElite employees altered the testing method in a corner-cutting effort intended to cut costs and increase profits, prosecutors said. They used less of the materials need for PCR tests - including reagents - knowing full well that this would make the tests unreliable, prosecutors said.
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