Health care CEO gets year in prison for fraud

ST. LOUIS • A former executive with a Chicago health care company was sentenced this week in federal court to 366 days in prison and ordered to repay $1.77 million to Medicare.

Former Aggeus Healthcare CEO James Sayadzal, 52, of Chicago, pleaded guilty last year to a conspiracy charge.

He was one of three company officers and six doctors caught up in fraud linked to podiatry services provided to residents of nursing homes and long-term care facilities.

Aggeus owner Yev Gray, 50, was sentenced Aug. 15 to 7½ years in prison and ordered to repay $6.97 million on charges of conspiracy and making a false statement relating to health care.

Read more: http://www.stltoday.com/news/local/crime-and-courts/health-care-ceo-gets-year-in-prison-for-fraud/article_70e697bf-68cc-56e7-92a3-9b54bed39e12.html