
S2 E7 Zynex's $873M Medical Supply Fraud
Send us Fan MailOur Deep Dive takes us to Colorado to discuss the federal indictment of Thomas Sandgaard and Anna Lucsok, two former leaders of the medical device firm Zynex, Inc., for their roles in a massive $873 million fraud scheme. Prosecutors allege the pair manipulated financial records and submitted fraudulent insurance claims for unnecessary supplies to artificially inflate the company's stock value. The charges include identity theft and securities fraud, alongside accusations that Sandgaard engaged in bizarre retaliation against a journalist who covered the company. In response to…
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