CEO Pleads Guilty

The word advantage is written on a piece of paper.

Sevindik Huseynov, who was the chief executive officer of durable medical equipment (DME) company Vonyes Inc., admitted to aiding and abetting a scheme to submit thousands of fraudulent claims to Medicare Advantage Organizations (MAOs). The claims were submitted on behalf of unsuspecting beneficiaries and sought reimbursement for medical equipment such as wound dressing and orthotic braces. Huseynov, through Vonyes, sought reimbursements of at least $137 million from MAOs for medical equipment that was not provided, not needed by patients, and not authorized by a medical provider. Read a Department of Justice press release.

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