In her plea agreement, Ms. Cochran admitted she committed fraud from around June 2017 through at least August 2019 by taking money and property from people, financial institutions and companies. She said she persuaded several investors to funnel money into her two companies, Technology Management Solutions and Tactical Solutions Group, and roped people into false government contracts by misrepresenting her companies as successful government contractors.
Ms. Cochran faces no less than three years and one month and no more than 11 years and three months in prison. She will pay a $2.6 million restitution and has agreed to forfeit two properties, $45,000 and several cars. Her sentencing is Jan. 4.
More articles on pharmacy:
White House pre-election demand torpedoes deal to lower drug prices
AstraZeneca releases COVID-19 vaccine protocol
Black physicians’ group forms task force to vet COVID-19 drugs, vaccines
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.