Friday, November 1, 2024
HomebusinessProfessor Charged with $16 Million NIH Grant Fraud Scheme

Professor Charged with $16 Million NIH Grant Fraud Scheme

Published on

spot_img


A federal grand jury in the District of Maryland has indicted Hoau-Yan Wang, a Pennsylvania man, for allegedly defrauding the U.S. National Institutes of Health (NIH) of approximately $16 million in federal grant funds. Wang, 67, was a tenured medical professor at a public university’s medical school and a paid advisor to a Texas biopharmaceutical company. From May 2015 through April 2023, Wang is accused of fabricating and falsifying scientific data in grant applications to the NIH, both for himself and the biopharmaceutical company.

The fraudulent grant applications looked to secure funding for research into a potential treatment and diagnostic test for Alzheimer’s disease. These applications resulted in approximately $16 million in grants awarded between 2017 and 2021, part of which funded Wang’s laboratory work and salary. The indictment claims that Wang’s work under these grants was related to the early development phases of the proposed drug and diagnostic test, typically referred to as Phase 1 and Phase 2 by the U.S. Food and Drug Administration.

Wang is charged with one count of major fraud against the United States, two counts of wire fraud, and one count of false statements. If convicted, he faces a maximum penalty of 10 years in prison for the major fraud count, 20 years in prison for each wire fraud count, and five years in prison for the false statements count.

Principal Deputy Assistant Attorney General Nicole M. Argentieri, head of the Justice Department’s Criminal Division, and Assistant Director in Charge David Sundberg of the FBI Washington Field Office announced the charges. The FBI Washington Field Office is investigating the case, with Trial Attorney Andrew Tyler, Deputy Chief Anna Kaminska, and Assistant Chief Leslie Garthwaite of the Criminal Division’s Fraud Section prosecuting.

See also  Len Sirowitz, Whose Bold, Offbeat Ads Captured an Era, Dies at 91

An indictment is merely an allegation, and all defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

Image: Shutterstock






Source link

Latest articles

How to enroll in an Independence Blue Cross health Insurance plan

We know health insurance can feel complicated. That’s why...

Supreme Court sued over its refusal to translate decisions before 1970 into French

MONTREAL — A Quebec civil rights group is suing the office of the...

Ed Sheeran Beats ‘Let’s Get It On’ Copyright Case at Appeals Court

Ed Sheeran’s “Thinking Out Loud” did not infringe the copyright to Marvin Gaye‘s...

Wendy’s New Salted Caramel Frosty Is Here

Wendy's is ready to make your fall a little bit cozier with...

More like this

How to enroll in an Independence Blue Cross health Insurance plan

We know health insurance can feel complicated. That’s why...

Supreme Court sued over its refusal to translate decisions before 1970 into French

MONTREAL — A Quebec civil rights group is suing the office of the...

Ed Sheeran Beats ‘Let’s Get It On’ Copyright Case at Appeals Court

Ed Sheeran’s “Thinking Out Loud” did not infringe the copyright to Marvin Gaye‘s...