The CEO of biotech company Decision Diagnostics Corp., Keith Berman, was sentenced to seven years in prison for a securities fraud scheme that resulted in about $28 million in investor losses and ...

The chief executive of a U.S. biotechnology company that falsely promised investors it could produce a quick and accurate COVID-19 test was sentenced to seven years' in jail on Friday, the Justice ...

The CEO, Keith Berman, was sentenced on Friday to seven years in prison for the fraud that led to $28 million in investor losses, according to the Department of Justice.

Prosecutors said Keith Berman falsely claimed he had invented a blood test that could detect Covid-19 in 15 seconds. His lawyer said he had put “genuine effort” into developing such a test.

The chief executive of a U.S. biotechnology company that falsely promised investors it could produce a quick and accurate COVID-19 test was sentenced to seven years' in jail on Friday, the Justice ...

The CEO, Keith Berman, was sentenced on Friday to seven years in prison for the fraud that led to $28 million in investor losses, according to the Department of Justice.

Keith Berman, 70, of Westlake Village, California, pleaded guilty last December to securities fraud totaling around $28 million. The Justice Department said that from February through December ...