Swindled

77. The Pioneer (uBiome)

Apr 3, 2022
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ANECDOTE

From Pirate to Healthcare Fraudster

  • Khalid Satari, a music pirate, built a multi-million dollar counterfeiting operation.
  • He was eventually caught and imprisoned, but his story didn't end there.
ANECDOTE

Healthcare Fraud and Bribery

  • After prison, Satari transitioned to healthcare fraud, running a pain clinic and urinalysis lab.
  • He even tried bribing a congressman for influence, highlighting his audacious nature.
ANECDOTE

Medicare Overbilling

  • Satari's lab, Confirmatrix, significantly overbilled Medicare for urinalysis tests.
  • Confirmatrix billed over $2,400 per patient versus the national average of $751.
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