Indian-origin ex-CFO of US firm gets 4-month jail term for bribing surgeons
Aditya Humad, the former CFO of SpineFrontier Inc., has been sentenced to four months in prison for his role in a bribery scheme involving surgeons. The scheme used sham consulting fees to induce doctors to use the company's spinal implants.
Why it matters
It underscores the legal consequences of healthcare fraud and the enforcement of anti-kickback statutes in the medical device industry.
An Indian-origin former chief financial officer of a US spinal implant company has been sentenced to four months in prison for bribing surgeons to use the company's products in exchange for sham consulting fees, authorities said.Aditya Humad, 41, a Cambridge resident and former CFO of SpineFrontier Inc., will serve four months in prison, followed by one year of supervised release, and pay a USD 9,500 fine.Humad had earlier pleaded guilty to one count of conspiracy to violate the federal anti-kickback statute. He was charged in September 2021 along with Kingsley R Chin, SpineFrontier's founder, president and CEO.According to the US Attorney's Office for the District of Massachusetts, Humad conspired to pay and direct the payment of more than USD 540,000 in bribes to surgeons through sham consulting fees for work they did not perform.The payments were intended to induce surgeons to use SpineFrontier's spinal products during surgeries.
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