YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Suresh Mitta, of Texas, was convicted for his role in a $19 million fraud scheme falsely connecting to Cerner Corp. (Nasdaq: CERN) and hours later he died in the custody of U.S. Marshals.
Mitta was found guilty of conspiracy to commit wire fraud in a scam in which he and Albert Davis impersonated employees of North Kansas City-based Cerner to sell an MRI worth more than $1 million to Dallas Medical Center. Mitta was facing a sentence of up to 20 years in prison, according to Kansas City Business Journal.
In addition to posing as Cerner employees, the journal reported the conspirators also created a fake Cerner business entity and bank accounts, and they fabricated price quotes and invoices. The fraud generated millions of dollars investments from physicians and others.
Read more from Kansas City Business Journal.
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