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by rayiner 3542 days ago
There is civil fraud and criminal fraud, which require proving the same things. But generally, the government will only pursue criminal fraud prosecutions when there is a public interest component. Madoff defrauded a large number of people, and his fraud affected little old ladies' pensions. The government will generally stay out of fraud directed at a handful of sophisticated investors.
1 comments

It seems like clear fraud was directed at the general public and their health outcomes. I don't care much about the investors, they can take it. It was something like 6% of tests were fraudulently performed by their "technology", with potentially dangerous results.