The founder and former CEO of Stimwave was arrested and charged with creating and selling nerve stimulation devices with a non-functioning component that was implanted into chronic pain patients for profit, the Department of Justice (DOJ)opens in a new tab or window announced.
Laura Perryman’s alleged scheme, the DOJ said, resulted in the loss of millions of dollars for federal healthcare programs. Perryman has been charged with one count of conspiracy to commit healthcare fraud and wire fraud and one count of healthcare fraud.
Stimwave, a Florida-based medical device company, admitted wrongdoing in the case and reached a settlement with the DOJ in October 2022 for a $10 million penalty, agreeing to ongoing compliance measures as well, the release noted…