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EXPOSED: Medical Device Execs STOLE $873M in Massive Fraud Scheme — Company Tried to SILENCE Media

Gary FranchiJanuary 23, 2026142 views
EXPOSED: Medical Device Execs STOLE $873M in Massive Fraud Scheme — Company Tried to SILENCE Media
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The FBI dropped the hammer on two corrupt medical device executives Wednesday, exposing a shocking $873 million fraud scheme that victimized patients and robbed American taxpayers blind. And guess what? The company allegedly tried to silence the media when reporters started digging into their dirty dealings.

Federal agents arrested Thomas Sandgaard, former CEO of Zynex Inc., and Anna Lucsok, the company's former COO, on charges of conspiracy to commit fraud and other federal offenses. But here's where it gets absolutely bizarre — these executives allegedly used stolen funds for personal purchases that included used underwear, among other outrageous expenses.

"This case represents a troubling abuse of patients seeking care, as well as the federal health-care benefit system," FBI officials stated, and they're absolutely right. While hardworking Americans struggle to afford basic healthcare, these corporate crooks were allegedly living it up on fraudulent gains.

Corporate Cover-Up Exposed

What makes this story even more infuriating is that Zynex Inc. allegedly attempted to silence media coverage of their executives' criminal behavior. Patriots, this is exactly the kind of corporate corruption that President Trump has been fighting against — the swamp creatures who think they can steal from the American people and then cover it up.

The FBI's Boston and Denver field offices coordinated this takedown, proving that when law enforcement focuses on real crimes instead of political witch hunts, they can deliver justice for the American people. These arrests represent exactly the kind of corporate accountability we need more of in Trump's second term.

"The former CEO and COO of Zynex are accused of operating with a single-minded focus on profit over patients," according to federal investigators.

This massive fraud scheme targeted our healthcare system and exploited vulnerable patients seeking medical care. Meanwhile, these executives were allegedly using company funds for ridiculous personal expenses that would make your head spin.

Under the Trump-Vance administration, we're seeing federal agencies finally focus on prosecuting real criminals instead of persecuting conservatives. This is what draining the swamp looks like, folks — holding corporate fraudsters accountable while protecting American patients and taxpayers from predatory schemes.

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Gary Franchi

Award-winning journalist covering breaking news, politics & culture for Next News Network.

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R
RetiredVet58VerifiedJan 23, 2026
How many life-saving treatments could that money have funded instead of lining these criminals' pockets? Makes me sick to think about all the patients who suffered while these execs got rich.
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TruthSeeker2024VerifiedJan 23, 2026
$873 million?! That's not just fraud, that's organized theft on a massive scale.
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SmallGovAdvocateVerifiedJan 24, 2026
Let me guess - they'll get a slap on the wrist fine while regular Americans go to prison for tax mistakes.
C
ConstitutionFirstVerifiedJan 24, 2026
Corporate corruption at its worst! These are the same people who probably lecture us about 'corporate responsibility' while stealing from shareholders and patients.
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PatriotMom2020VerifiedJan 24, 2026
This is exactly why we need MORE transparency in corporate America, not less! These executives thought they could steal nearly a billion dollars and silence anyone who tried to expose them. Thank God for investigative journalism that won't back down to corporate bullies.
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FreeMarketFanVerified6 days ago
Absolutely right. True capitalism requires honest players - these crooks were just thieves in suits.
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MedicalWhistleblowerVerified6 days ago
I work in healthcare and I've seen firsthand how these medical device companies operate. The markup on some of these devices is absolutely criminal - now we know where some of that money was really going. Props to whoever leaked this story despite the legal threats.
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TexasConservative47Verified6 days ago
My wife works in medical device sales and she's always said the amount of money flowing through these companies is insane. Where was the oversight? Where were the auditors?
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AccountingDadVerified6 days ago
The auditors were probably getting paid to look the other way. Happens more than you think in these big corporations.