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Transcripts For KGO ABC7 News 600PM 20240712

Regarding him as both the potential danger to the community and a risk of flight, meaning noncompliance. But the magistrate ordered that he be released today. This criminal complain says he faces charges to commit conspiracy for Health Care Fraud and conspiracies fraud. I interviewed him for my investigation about the test that i saw in use at this drivethrough site in san jose. So this hand been approved by the fda. Thats correct. Reporter he did not tell me or investors according to the criminal explain that the fda informed array it on april 17 that its covid19 test was not at an acceptable performance. We are working closely with the fda and were following fda guidelines for deploying the test. Reporter the explain alleges that it made more than 69 million in false and fraudulent claims for covid19 testing with medicare and private insurance companies, and that he made false claims about the sales to inflate the stock price. He lost 88 . For my investigation, officials in Santa Cla

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