Tag: parmjit_parmar

Former Healthcare CEO Sentenced to Five Years for $212 Million Investment Fraud

21 May 2026 12:25 p.m. · Source: Denver FBI

Former healthcare CEO Parmjit Parmar received a five-year prison sentence for orchestrating a $212 million investment fraud. He inflated company value with fake acquisitions and revenue, leading to bankruptcy and over $125 million in restitution.

Business Law Enforcement Economy Financial Markets Legal Federal Government Parmjit Parmar Securities Fraud Investment Fraud Healthcare New Jersey FBI Conspiracy