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Keyword: fraudbyromney

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  • Romney Supervised Medical Testing Company Guilty Of Massive Medicare Fraud

    01/24/2012 3:59:01 AM PST · by Laissez-faire capitalist · 8 replies
    Forbes ^ | 1/21/2012 | Rick Ungar
    In 1989, Bain Capital purchased controlling interest in Damon Corporation, a medical testing company located in Needham, Massachusetts. During the time that Bain held its ownership of the company Mitt Romney personally sat on the Board of Directors. And during that same period, Damon Corporation was busy submitting fraudulent reimbursement claims to Medicare to the tune of millions of dollars charged for unnecessary blood tests. ... By the time Damon pleaded guilty to defrauding the United States Government of $25 million - and paid a total of $119 million in what was, at that time, the largest penalty of its...