California biotech executive convicted in $77-million fake COVID-19 testing scheme
Mark Schena, 59-year-old ex-President of biomedical company Arrayit Corporation, has been convicted in a COVID-19 and allergy test scheme that allegedly resulted in $77-million worth of fraudulent claims. The Justice Department alleged Schena misled investors with bogus claims of "revolutionary" new technology capable of testing for virtually any disease with just a couple of pinpricks of blood.