Blood Money With Chris Reidel, A fraud fighter and one who would set the record straight! A leader in a world of corruption and unlock the truth as we say it will always set you free~~~ Join me in this episode to learn about his book and undertaking to reveal what many of us have known and suspected fpr years! I never imagined I would become a fraud fighter. My closest friends, also successful businessmen, despised anyone who sued corporations—particularly whistleblowers. This held throughout corporate America. Was I about to become something they despised? After much research and reflection, it appeared to me that the only way to save taxpayers from being ripped off — and, in the case of Hunter, to save the business itself — was to stop the Blood Brothers’ frauds. The only way to potentially do that was through a whistleblower, or Qui-tam, lawsuit. But did I really want to file suit against several of the biggest laboratory companies engaging in these practices? The bigger question: Did I want to see taxpayers in California, and throughout the nation, continue to be ripped off by these companies to the tune of billions of dollars, as they defrauded State and Federal governments? When I looked at it that way, I became a man on a mission. A mission that continues today. Blood Money is the story of how a Silicon Valley CEO became a fraud fighter. It is an insider’s look at the David vs. Goliath struggle between a whistleblower seeking to save his company and stop taxpayers from being ripped-off, and healthcare companies engaged in massive fraud. Affecting millions of taxpayers, it is one of the biggest “hidden” stories in the healthcare world — until now. Imagine running a successful business in highest integrity — until squeezed out by a pair of companies engaging in one of the greatest predatory pricing schemes in the medical world. What do you do? Such was Chris Riedel’s dilemma, which led him to become one of the top medical whistleblowers and fraud fighters in U.S. history, which he chronicles in his riveting true-crime book, Blood Money. Chris ran a highly regarded Northern California lab testing company, Hunter Labs, until falling to the nefarious scheme of the “Blood Brothers,” Quest and LabCorp, the world’s top medical test labs. Their scheme, which involved loss-leader pricing to doctors to gain their business, and then overcharging Medicare, Medicaid and Medi-Cal as much as 40-fold, has cost taxpayers billions of dollars during the past 15 years — and forced higher quality, but smaller labs like Hunter, either to fold or be absorbed by them. In Blood Money, Riedel exposes the underworld of medical fraud in unsparing terms. He begins with the Blood Brothers’ fraud against Hunter Labs and others, which pushed Chris and his attorney partners, Niall McCarthy (son of former Calif. Lieutenant Governor Leo McCarthy) and Justin Berger into action. Chris and his attorneys blew the whistle, and won a landmark $300 million in settlements for the Blood Money With Chris~! In a day and age with the truth will set you free I know you will be over the top unleashed to hear what he uncovered like a movie!~~Chris State of California and taxpayers in a highly publicized 2011 case. Since then, his efforts have expanded into becoming a full-fledged medical fraud fighter against other lab testing companies defrauding taxpayers. Chris won or settled cases in Florida, Michigan, Virginia, Nevada, Georgia, California and, most recently in November, a $28 million settlement against Boston Heart Diagnostics (see attached article). He and his team have worked both with and independent of the DOJ on 27 cases. They have another half dozen cases open. Chris is a fraud fighter of highest esteem, a whistleblower not only going after medical fraud, but making sure the taxpayer doesn’t get ripped off any more. In all, he and his partners have won cases totaling $553 million, the vast majority of which went back to state and federal government treasury coffers. Likewise, his open, deeply honest and often blunt writing in Blood Money makes him a voice to a wide reading audience – most of whom have undergone medical lab tests – would love to hear from. In Blood Money, he takes us on a compelling, sometimes high-drama adventure through the fight to survive vs. Quest and LabCorp’s practices, and the dire retribution he faced from these multi-billion dollar Goliaths — not to mention being weeks away from professional and personal bankruptcy, and destroying the life he and Marcia had built. He chronicles the landmark 2011 California case, the many he’s pursued since, and how fraud fighting has changed his life. Furthermore, he describes the world of the whistleblower in detail and offers universal tips to those considering taking such action, no matter the industry.
