Raleigh Man Pleads Guilty to Receiving More than $60 Million in Fraudulent Claims from Paying Kickbacks for Patient Referrals

WILMINGTON, N.C. – A Raleigh man, James Shuford Price, III, 59, pleaded guilty in federal court to the crime of paying illegal kickbacks for referrals to his California-based lab and filing a false federal tax return. At sentencing, Price faces a statutory maximum of 13 years’ imprisonment, a $500,000 fine, and three years of supervised release. Price will also be required to pay restitution to the California Medical Assistance Program (Medi-Cal), the Centers for Medicare & Medicaid Services, the Internal Revenue Service (IRS), and others.

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