Former Device Company CEO Gets 6 Years in Prison
Stimwave founder and former CEO Laura Perryman has been sentenced to six years in prison by a New York federal judge in connection with a healthcare fraud scheme in which she created and sold a fake medical device component and told doctors they could claim $16,000 to $18,000 in reimbursement for implanting the device in patients. A Department of Justice statement says Perryman was found guilty of healthcare fraud and conspiracy to commit healthcare fraud and wire fraud following a two-week trial in a New York federal court.
In addition to the prison term, Perryman was sentenced to three years of supervised release. The case involved Stimave’s creation at Perryman’s direction of a dummy plastic receiver to be implanted as part of its StimQ PNS neurostimulation device system.