Maryland CEO Indicted Over $100M COVID Test Billing Fraud
The Justice Department indicted Marc Aaron Potash, founder and CEO of Gaithersburg, Md.-based Tiero, on charges including conspiracy to commit healthcare fraud, healthcare fraud and transactions in criminally derived proceeds. Prosecutors allege Potash and co-conspirators used falsified documents to obtain a CLIA lab certification, then billed Medicare, Medicaid, the Federal Employees Health Benefits Program and other insurers for lab-based COVID-19 testing that never occurred. Instead, the company allegedly shipped over-the-counter self-administered tests nationwide while submitting claims with false service dates, locations and rendering providers, generating more than $50 million in payments from over $100 million billed. The alleged scheme ran from January 2022 to May 2026, and Potash faces up to 10 years in prison on each count if convicted.