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Top related persons:
Laura Tyler Perryman - 1 Perryman - 1 Monique C - 1 Winkler - 1 Stimwave - 1 Curonix - 1
Top related locs:
Washington , San Francisco of New York Delray Beach , Florida
Top related orgs:
U.S . Securities - 1 Exchange Commission - 1 Washington , D.C - 1 Technologies - 1 Exchange - 1 SEC - 1 U.S . Food - 1 Drug Administration - 1

Search resuls for: "Stimwave"


2 mentions found


☆ SEC charges ex-CEO of medical device company with fraud, says some devices were 'just a piece of plastic'
  + stars: | 2023-12-19 | by ( Ashley Capoot | In | ) www.cnbc.com   time to read: +2 min
The headquarters of the U.S. Securities and Exchange Commission (SEC) is seen in Washington, D.C., May 12, 2021. The complaint alleges that Perryman misrepresented a Stimwave device that was supposedly able to treat chronic nerve pain by using electrical signals. She was arrested in Delray Beach, Florida, and charged with one count of conspiracy to commit wire fraud and health care fraud, and one count of health care fraud, according to a release. The SDNY on Tuesday filed a superseding indictment against Perryman that added criminal securities fraud charges, the SEC said. Stimwave voluntarily recalled the PNS devices, but Curonix still offers a PNS system called Freedom PNS, according to the Curonix website.
Persons: Laura Tyler Perryman, Perryman, Monique C, Winkler, Stimwave, Curonix Organizations: U.S . Securities, Exchange Commission, Washington , D.C, Technologies, Exchange, SEC, U.S . Food, Drug Administration, San, CNBC, U.S, Attorney's, Southern, of Locations: Washington ,, San Francisco, of New York, Delray Beach , Florida
☆ Fake plastic medical devices were implanted into people with chronic pain. It was part of a medical company CEO's scheme to charge $16,000 for each one, feds allege.
  + stars: | 2023-03-10 | by ( Grace Eliza Goodwin | ) www.businessinsider.com   time to read: +2 min
A medical device company sold devices that were implanted into patients with chronic pain, according to prosecutors. But, the DOJ alleges that the devices were plastic and didn't do anything. The company made millions of dollars off the devices, and its CEO is being charged with fraud. Perryman sold the phony device to doctors for $16,000 anyway, racking up millions in profits for her company and defrauding federal healthcare programs in the process, the DOJ alleges. Court documents allege that Perryman instructed her employees to vouch for the phony devices, despite knowing that they were useless.
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