Key Takeaways:
Hasan "Lucas" Seyhun, chief operating officer of Fast Lab Technologies, pleaded guilty on September 24 to conspiracy to commit healthcare fraud tied to more than $500 million in false COVID test claims.
The lab advertised "no cost" COVID-19 tests online, then billed insurers for antigen observations, saliva collection, and PCR work it never performed.
Seyhun took in at least $35 million and agreed to a forfeiture judgment of more than $4.3 million, with sentencing still to come.
The chief operating officer of a New York COVID testing company pleaded guilty on September 24 to a scheme that billed health insurers for more than $500 million in tests that were never done. Hasan "Lucas" Seyhun, 45, of Miami, admitted to conspiracy to commit healthcare fraud, according to the U.S. Attorney's Office for the Eastern District of Michigan.
Fast Lab Technologies advertised "no cost" COVID-19 tests to people online. Behind the free offer, prosecutors said, the company submitted claims to insurers for services it did not provide, including fake antigen test observations, saliva sample collection, and PCR testing.
Seyhun took in at least $35 million from the scheme, prosecutors said. He agreed to a forfeiture judgment of $4,313,153, and a sentencing date has not been set.
The case sits inside a wider federal push on pandemic-era health fraud, the same enforcement lane that has produced hundreds of charges and billions of dollars in claimed losses since 2021.
Using the fear and isolation of the COVID pandemic to do it is sickening.
That line came from U.S. Attorney Jerome F. Gorgon Jr.
The most notable part of this is where the fraud lived. It did not need a hack or a forged signature, just a claim form and an insurer trusting that the work behind it was real. That gap between a billed service and a delivered one is the same gap that runs through the CFTC's investigation into a $10 million fraud attempt at Polymarket and the renewed federal scrutiny of Binance's compliance record. Sentencing is worth watching.
People Also Ask
What was the Fast Lab COVID test fraud?
Fast Lab Technologies offered "no cost" COVID-19 tests online and then billed insurers more than $500 million for services it never performed, according to federal prosecutors.
Who is Hasan Seyhun?
Hasan "Lucas" Seyhun, 45, of Miami, was Fast Lab's chief operating officer. He pleaded guilty on September 24, 2026 to conspiracy to commit healthcare fraud.
How much money was involved in the Fast Lab case?
The scheme billed insurers for more than $500 million in false claims. Seyhun personally took in at least $35 million and agreed to a $4.3 million forfeiture judgment.
What happens next in the case?
Seyhun awaits sentencing on the conspiracy charge. Prosecutors are continuing to pursue pandemic-era healthcare fraud across multiple federal districts.
Sources: U.S. Attorney's Office for the Eastern District of Michigan (justice.gov).