Former CEO of the Hospital for Special Surgery charged with taking Vendor Kickbacks

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Ex-N.Y. Hospital CEO Charged With Taking Vendor Kickbacks (Bloomberg)
John R. Reynolds, former chief executive officer of New York’s Hospital for Special Surgery, was charged by federal prosecutors with taking $1.4 million in a decade-long illegal-kickback scheme.
Reynolds, 63, was arrested at his home in Massachusetts this morning, according to a statement from the office of U.S. Attorney Preet Bharara. An indictment unsealed today in Manhattan federal court charges Reynolds with racketeering and making false statements to the government. He faces as long as 25 years in prison if convicted.
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