The Tracy L Clark Show: Unleash the Superhuman Within Radio: Blood Money With Chris Reidel

Blood Money With Chris Reidel, A fraud fighter and one who would set the record straight!  A leader in a world of corruption and unlock the truth as we say it will always set you free~~~

 

Join me in this episode to learn about his book and undertaking to reveal what many of us have known and suspected fpr years!

 

I never imagined I would become a fraud fighter. My closest friends, also

successful businessmen, despised anyone who sued corporations—particularly

whistleblowers. This held throughout corporate America. Was I about to become

something they despised?

After much research and reflection, it appeared to me that the only way to save

taxpayers from being ripped off — and, in the case of Hunter, to save the business itself

— was to stop the Blood Brothers’ frauds. The only way to potentially do that was

through a whistleblower, or Qui-tam, lawsuit.

But did I really want to file suit against several of the biggest laboratory

companies engaging in these practices?

The bigger question: Did I want to see taxpayers in California, and throughout

the nation, continue to be ripped off by these companies to the tune of billions of

dollars, as they defrauded State and Federal governments?

When I looked at it that way, I became a man on a mission. A mission that

continues today.

 

Blood Money is the story of how a Silicon Valley CEO became a fraud fighter. It is an

insider’s look at the David vs. Goliath struggle between a whistleblower seeking to

save his company and stop taxpayers from being ripped-off, and healthcare

companies engaged in massive fraud. Affecting millions of taxpayers, it is one of the

biggest “hidden” stories in the healthcare world — until now.

 

Imagine running a successful business in highest integrity — until squeezed out by a

pair of companies engaging in one of the greatest predatory pricing schemes in the

medical world. What do you do? Such was Chris Riedel’s dilemma, which led him to

become one of the top medical whistleblowers and fraud fighters in U.S. history,

which he chronicles in his riveting true-crime book, Blood Money.

Chris ran a highly regarded Northern California lab testing company, Hunter

Labs, until falling to the nefarious scheme of the “Blood Brothers,” Quest and

LabCorp, the world’s top medical test labs. Their scheme, which involved loss-leader

pricing to doctors to gain their business, and then overcharging Medicare, Medicaid

and Medi-Cal as much as 40-fold, has cost taxpayers billions of dollars during the

past 15 years — and forced higher quality, but smaller labs like Hunter, either to

fold or be absorbed by them.

In Blood Money, Riedel exposes the underworld of medical fraud in unsparing

terms. He begins with the Blood Brothers’ fraud against Hunter Labs and others,

which pushed Chris and his attorney partners, Niall McCarthy (son of former Calif.

Lieutenant Governor Leo McCarthy) and Justin Berger into action. Chris and his

attorneys blew the whistle, and won a landmark $300 million in settlements for the

Blood Money With Chris~!

 

In a day and age with the truth will set you free I know you will be over the top unleashed to hear what he uncovered like a movie!~~Chris State of California and taxpayers in a highly publicized 2011 case.

 

Since then, his efforts have expanded into becoming a full-fledged medical

fraud fighter against other lab testing companies defrauding taxpayers. Chris won or 

settled cases in Florida, Michigan, Virginia, Nevada, Georgia, California and, most

recently in November, a $28 million settlement against Boston Heart Diagnostics

(see attached article). He and his team have worked both with and independent of

the DOJ on 27 cases. They have another half dozen cases open.

Chris is a fraud fighter of highest esteem, a whistleblower not only going

after medical fraud, but making sure the taxpayer doesn’t get ripped off any more. In

all, he and his partners have won cases totaling $553 million, the vast majority of

which went back to state and federal government treasury coffers.

Likewise, his open, deeply honest and often blunt writing in Blood Money

makes him a voice to a wide reading audience – most of whom have undergone

medical lab tests – would love to hear from. In Blood Money, he takes us on a

compelling, sometimes high-drama adventure through the fight to survive vs. Quest

and LabCorp’s practices, and the dire retribution he faced from these multi-billion

dollar Goliaths — not to mention being weeks away from professional and personal

bankruptcy, and destroying the life he and Marcia had built. He chronicles the

landmark 2011 California case, the many he’s pursued since, and how fraud fighting

has changed his life. Furthermore, he describes the world of the whistleblower in

detail and offers universal tips to those considering taking such action, no matter

the industry.