Times of India
AsiaPac · 3 hrs ago
Indian-origin ex-CFO of US firm gets 4-month jail term for bribing surgeons
Aditya Humad, a former CFO of SpineFrontier Inc. will serve four months in prison. (Representative image)An Indian-origin former chief financial officer of a US spinal implant company has been sentenced to four months in prison for bribing surgeons to use the company's products in exchange for sham consulting fees, authorities said.Aditya Humad, 41, a Cambridge resident and former CFO of SpineFrontier Inc., will serve four months in prison, followed by one year of supervised release, and pay a USD 9,500 fine.Humad had earlier pleaded guilty to one count of conspiracy to violate the federal anti-kickback statute. He was charged in September 2021 along with Kingsley R Chin, SpineFrontier's founder, president and CEO.According to the US Attorney's Office for the District of Massachusetts, Hum
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