Contact Us

Holmdel Salesman Admits Role in Biotesting Kickback Scheme

A salesman from Holmdel faces a lengthy prison term when he’s sentenced in November for his role in a multi-million-dollar kickback scheme centered in a Parsippany blood-testing lab.

In Newark today, Len Rubenstein, 42, pleaded guilty to conspiring to violate the Anti-Kickback statue and the Travel Act, money laundering, and lavishing doctors with thousands of dollars on behalf of Biodiagnostic Laboratory Services LLC.

Thirteen defendants previously admitted connections. Investigators in New Jersey U.S Attorney Paul Fishman’s office say the scheme sent more than $100,000,000 from Medicare and private insurors to BLS, with bribes in the millions.

Last April, federal agents arrested David Nicoll of Mountain Lakes, his brother and senior BLS executive Scott Nicoll of Wayne, and BLS employee Craig Nordman of Whippany. Nordman was Chief Executive Officer of Advantech Sales, LLC, which investigators say was one of the firms used to channel illegal payments.

Rubenstein admitted bribing doctors to refer patients to BLS and hiding the money in an entity under his control, Delta Consulting Group LLC, between May 2012 and April 2013.

The money laundering charge carries a maximum penalty of 20 years in prison and fines up to $500,000, or twice the gain or loss from the violation. The bribery conspiracy count could mean another five years and $250,000 in fines. Investigators say that forfeitures so far amount to more than $3,000,000.

See Related Story Here

Best of WOBM

Recommended For You

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for WOBM Listener Club quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive WOBM Listener Club contests, events, coupons, presales, and much more delivered to you for FREE.