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Blood Money

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BLOOD MONEY is the true legal thriller of a terrifying David vs. Goliath fight against massive healthcare fraud by a brave Whistleblower. It includes attempted murder, extortion, money-laundering, fraudsters hiding money in the Cayman Islands, gold buried in a storage container in a CEO’s backyard, an Assistant Attorney General sabotaging her state’s case, and a corrupt Governor torpedoing litigation by his own Attorney General. From Silicon Valley to the Sunshine State, in a showdown that reads like a Hollywood movie, Chris Riedel survives to share it all. His actions have resulted in more than $550 million in settlements and a court verdict... and counting.

Published October 13, 2020

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Profile Image for Stanley McShane.
Author 10 books46 followers
October 25, 2020
Nothing gets the old blood to boiling like the state of our health care system and the mishandling of the medical system by HMOs to PPOs, x-rays to blood draws and pharmaceuticals to labs. It would seem there is nothing beyond the realm of untold millions in fraudulent practices—most of which go unprosecuted. Not undetected. Unprosecuted. Medicare, Medicaid, or MediCal are merely fodder for some of the worse “pull-through” revenue schemes perpetrated on the taxpaying public.

Those who would dare fight are the “Whistleblowers” or Qui-tam. The author is one such. Blood Money is the 7-8 year chronology of his battle with the lab giants, a classic David vs Goliath tale.

Fraudulent claims were recognized as early as 1863, when Lincoln instituted the False Claims Statute, or Qui-tam, that quickly become known as “Lincoln’s Law.” It just as quickly overwhelmed federal law enforcement officials—and is apparently still doing so. “Approximately 80% of recoveries involve healthcare fraud…”

The author called it taking on the “Blood Brothers,” those giants that no one thought could be brought to their knees—“considered by Congress and DOJ as ‘too big to fail’ and their CEOs as ‘too big to jail’.”

The author goes on to discuss his battles in California, Michigan, New York, Nevada, and Virginia, and notes:
1. Almost all generic drugs are now manufactured in India and China.
2. Searches may occur through (ex) LinkedIn employees.
3. Find only the proven, experienced attorneys in Qui-tam.
4. There are a number of “multibillion-dollar companies who have settled multiple times.”
5. Prepare to be years in litigation (and most don't win).

Quite the eye-opening exposé, one sure to force a long, piercing look at some of the major, well-known firms out there reaping billions in fraudulent practices, taking kick-backs, receiving some lovely inducement gifts.

It’s costing you and I. And most of us can’t do a thing about it.

Read my full blog tour review at https://rosepointpublishing.com/2020/...
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