Prosecutors allege Mr. Cobb ordered Orthofix’s bone growth stimulator for the neurosurgeon he worked for. In exchange, Mr. Cobb received approximately $120,000 from 2004 to 2011 from Orthofix. The neurosurgeon was not aware of the fraud.
Orthofix pocketed more than $1 million from the scheme, according to the report.
As a result, Mr. Cobb was sentenced to six months in prison and six months of home confinement. His license was also suspended for six months, and he must complete a medical ethics program.
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