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#Post#: 2303--------------------------------------------------
USA, Illinois - Man pleads guilty in $14 million Covid testing f
raud case
By: Steve Date: October 1, 2024, 2:17 pm
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SUMMARY - Zishan Alvi, age 45, co-owner of a Chicago COVID-19
testing laboratory, has pled 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. Alvi transferred the money LabElite got from the
federal government from the company's bank account to his own
personal accounts, and used some of the funds to buy luxury
cars. He faces up to 20 years in prison when he is sentenced in
February.
LINK -
HTML https://www.cbsnews.com/chicago/news/zishan-alvi-guilty-plea-covid-19-testing-fraud/
HTML https://www.cbsnews.com/chicago/news/zishan-alvi-guilty-plea-covid-19-testing-fraud/
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